Pres. Duterte Speaks on Calls for Fuel Excise Tax Suspension amid the Oil Price Hike DUTERTE – Philippine President Rodrigo Roa Duterte revealed his decision on calls for the suspension of the fuel excise tax. A lot of Filipinos now are having a hard time coping with the series of oil price increases since January. … Read more
Update on Possible Another Oil Price Hike on March 15, 2022 OIL PRICE HIKE – Another increase in the prices of oil products is expected on March 15, 2022. Here are some details. Currently, a lot of Filipinos are struggling to cope with the increasing prices of oil products. The prices of oil have continuously … Read more
Andanar Sees Need to Expand SAP Amid Rising Petrol Products Prices Acting presidential spokesperson Martin Andanar sees the need to expand the Social Amelioration Program (SAP) amid the rising prices of petrol products. The Communications Secretary believes that the existing SAP should be extended to offer relief to Filipinos from the ongoing spike in petroleum … Read more
P3B Fuel Subsidy, Discount Programs Released by DBP for Public Drivers, Farmers The Department of Budget and Management (DBM) has released the P3 billion fuel subsidy and discount programs for public utility vehicle (PUV) drivers and farmers. In the face of rising petroleum product prices, DBM Officer-in-Charge Undersecretary Tina Rose Marie Canda announced a P3 … Read more
Fuel Prices May Surge Up To P12/Liter Next Week, Oil Industry Source Claims An industry source claimed that the fuel prices may increase up to P12 per liter starting next week, which will be the biggest hike this year. A source from oil industry reported that the prices of diesel may go up to P12.75 … Read more
Mayor Sara Duterte Explains Reason Behind Ban of Campaign Motorcade, Caravan MAYOR SARA DUTERTE – The presidential daughter and vice-presidential candidate announced that campaign motorcades and caravans are not allowed in Davao City. The campaign period is currently at its peak in the Philippines. The candidates for May 2022 Elections are busy visiting different cities … Read more
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 … Read more
Fuel Prices May Increase Up to P4-5 Per Liter Next Week An industry source said that fuel prices may soar up to P4-5 per liter next week amid the war between Russia and Ukraine. According to an oil industry source “Mean of Platts Singapore,” the local prices of petroleum products including gasoline, diesel and kerosene … Read more
Another Oil Price Hike Expected on Tuesday (March 1) Several gas stations are set to impose another oil price hike on the first week of March for the ninth straight week. Nowadays, the prices of petroleum products play a very important role to the country’s economy. Pump price adjustment usually causes significant impact on prices of products and … Read more
PUV Drivers Expressed Dismay Over Soaring Fuel Prices Numerous PUV drivers in the country have expressed their frustrations due to the soaring prices of petroleum products. The fuel prices in various regions in the Philippines have reached up to P80 per liter. The series of consecutive oil price increase affect the drivers of public utility … Read more
