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Oil price hikes continue to erode income of drivers

Oil price hikes continue to erode income of drivers

By MARYA SALAMAT
Comparing the local oil prices to that in other countries in the past years, Piston said the local pump prices have risen far more than the amount necessitated by price movements abroad and the peso-dollar exchange rate. The transport group continues to accuse the oil companies of overpricing oil products by “an average at least of P7.50 ($0.17) per liter.”

Oil Squeeze

Oil Squeeze

BY BENJIE OLIVEROS Bulatlat.com The country is again facing the prospect of oil price spikes. Why? Can nothing be done about it? The country, and the world, are again being threatened with the probability of run-away increases in the prices of oil, gas, and its...

For Oil Firms, EO 839 Is Not Just About Dip in Profits but Potential Shift Vs. Deregulation

For Oil Firms, EO 839 Is Not Just About Dip in Profits but Potential Shift Vs. Deregulation

By ARNOLD PADILLA
To a certain degree, Executive Order 839 questioned the lies long peddled by the oil companies and staunch defenders of neoliberalism about neoliberal free market economics. If left unchallenged, EO 839 could become a precedent in policy making: that the government, in the name of public good and welfare, could take decisive action against abusive corporations.

Massive Transport Strike Set on Monday; Groups Denounce Oil Firms’ ‘Greed’

Massive Transport Strike Set on Monday; Groups Denounce Oil Firms’ ‘Greed’

Public-transport drivers and operators in several urban areas across the country – including, for the first time, Makati City – denounce the measly oil-price rollbacks by the Big Three oil companies, as well as their “manipulation” of the prices of oil and gas products, such as LPG, to the detriment of unorganized and ordinary consumers.

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