“Instead of practically exempting these big corporations from paying billions and billions of taxes, their taxes should be collected immediately and used to uplift the living standards of many Filipinos who are stuck in abject poverty.”
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.”
Use Malacañang’s P68 Billion Pork Barrel For Oil Subsidies – Pamalakaya
Pamalakaya clarified that the re-channeling of Aquino’s audit free pork barrel is an immediate measure to provide relief to sectors affected by the oil price spike. By INA ALLECO R. SILVERIO Bulatlat.com Use the president’s pork barrel to cushion the impact of oil price increases. This was the call made by fisherfolk alliance Pambansang Lakas…
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’
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.
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 derivatives. New York’s main contract, light sweet crude for June…