“Higher taxes for oil would create a domino effect that would spike the prices of basic goods and services like water and electricity.”
Tags: oil price hike
International oil price data show local oil prices should have been going down rather than up.
Typhoon Yolanda destroyed lives and properties of as much as 10 million people in Eastern Visayas, but this “other Yolanda” represented by simultaneous price hikes “will affect most if not all Filipinos.” – Banking and Financial Unions
“We condemn the collusion of the Aquino government and Big 3 Oil cartel in its manipulated and cartelized oil price movements and in its extreme exploitation of drivers and the citizens.” – Piston
As buses whiz by beyond the police line and trains pass overhead, these children appear to serenade the police who were preventing them from protesting the oil deregulation law. (Sitio San Roque, Quezon City) — in Quezon City, Philippines.
The commemoration of the 101st International Women’s Day is one of the biggest rallies in recent years. Gabriela, the country’s largest women group who spearheaded the protest action, slammed Aquino government for its inaction to put a stop in the overpricing in oil products, increased U.S. military presence in the Philippines and to prioritize the…
By BENJIE OLIVEROS Bulatlat.com Oil companies increased pump prices again. This is the eighth oil price hike since the beginning of the year alone, amounting to a net increase of P6.75 ($0.16) per liter for gasoline and P6.50 ($0.15) for diesel. This would bring the prices of oil products in the country near its peak…
Oil firms, Aquino warned of nationwide protests vs oil price hikes (Photos by MARYA SALAMAT)
By BENJIE OLIVEROS Bulatlat.com While the media is preoccupied with the impeachment of Chief Justice Renato Corona and its political reverberations, oil companies have been raising pump prices of petroleum products. The continuing increases in pump prices of oil have grave implications on the quality of life of most Filipinos because of its domino effect…
Nationwide peoples’ protest, regional transport strike vs oil overpricing and deregulation slated on August 31
By MARYA SALAMAT
There would be at least 300 protesters in about 50 protest centers in communities, highways and factory belts in Metro Manila alone on Aug 31, said Elmer ‘Bong’ Labog, chairman of progressive labor center Kilusang Mayo Uno (KMU).
By BENJIE OLIVEROS Bulatlat.com The March 4-7 survey of the Social Weather Station, which it made exclusively for Business World, showed that 20.5 percent of respondents or an estimated 4.2 million families experienced hunger at least once in the past three months. This represents an increase from the 18.5 percent or an estimated 3.4 million…