MEDIA RELEASE 15 March 2012 As the world marks International Consumer Rights Day, research group IBON said that the consuming public, which bears the brunt of unabated oil price hikes, has the right to know how the oil companies determine oil prices. Disclaimer | What you are reading is either a press release/ statement or…
Tags: Oil Diregulation
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.
Oil Deregulation Minus the Jargon
Deregulation is quite simple but the powers-that-be tend to provide complicated explanations in claiming that it should be given a chance to work despite what is happening in the world market. Indeed, a clear understanding of oil deregulation leads one to oppose it, especially at the onset of unabated oil price hikes and inconsequential rollbacks.…