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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.

Why Consumers Should Not Rejoice Over Oil-Price Rollback Enforced by Arroyo

Why Consumers Should Not Rejoice Over Oil-Price Rollback Enforced by Arroyo

By ARNOLD PADILLA
While it is supposed to be based on the Oil Deregulation Law, the executive order mandating the recent price rollback in effect puts into question the wisdom of oil deregulation. Moreover, the oil companies have found a way to offset whatever “losses” they would incur in Luzon due to the EO: by overpricing in the Visayas and Mindanao.

Amid Overpricing by Oil Firms, Repeal of Deregulation Law Now a Must

Amid Overpricing by Oil Firms, Repeal of Deregulation Law Now a Must

By ARNOLD PADILLA
No matter how oil firms deny the allegations that they are overcharging the consumers, the widespread public perception that oil companies are abusive and profit-hungry will remain. This will be the case as long as the oil industry is deregulated and oil companies are allowed to automatically increase their prices and at the same time not compelled to publicly divulge how they compute their price adjustments.

Strike Cripples Public Transport in Several Areas Across the Philippines

Strike Cripples Public Transport in Several Areas Across the Philippines

“Our transport strike is a success.” Thus said the Task Force July 13, a transport group coalition, at the conclusion of the day-long strike it led in selected Metro Manila routes and regions outside the capital on Monday. Through the strike, they said, they were able to register their protest against the overpricing of petroleum products by the oil companies, particularly the so-called Big Three, and their connivance with the Arroyo regime. View the slideshow

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