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Labor Leader Ka Leody de Guzman Wants the Oil Deregulation Law Scraped

KA LEODY DE GUZMAN – The labor leader and presidential candidate spoke on the rising fuel prices in the Philippines.

Currently, private vehicle owners and public utility vehicle (PUV) owners and drivers are struggling in coping with the increasing prices of fuel for more than two (2) months now. It was in January 2022 when the oil price hike in PH started.

Previously, the Department of Energy (DOE) explained that the rising fuel prices are due to the great demand for oil across the globe. According to the authorities, the prices of oil may continue to take an upward trend until May or June.

Amid the series of oil price hikes, many PUV drivers are expressing their sentiments that they can hardly bring home an amount that is sufficient for their family’s needs because their fuel budget increased. Some transport groups are appealing for help.

Ka Leody de Guzman
Photo Credit: Business Mirror

Some popular personalities in the different fields have spoken on the rising fuel prices in PH. One of them is labor leader Ka Leody de Guzman.

Leody de Guzman is one of those who are running for president in the May 2022 Elections. He is vocal about his defense of the welfare of the workers in the country.

Based on a report in ABS-CBN News, Ka Leody de Guzman renewed the call for the scrapping of the Oil Deregulation Law. According to him, it prevents the government from taking control of the prices of petroleum products in the country. He stressed that the transportation sector and the ordinary workers are the ones who are greatly affected by the rising prices of fuel.

Furthermore, the labor leader expressed that the Philippine government must preserve oil amid the ongoing war between Russia and Ukraine. Due to the said tension, the oil prices are expected to increase by P3.00 to P5.00 per liter in the next few days.

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READ ALSO: Ka Leody Reacts To DOTr’s “No Vaccine, No Ride” Policy

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