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By INA ALLECO R. SILVERIO Bulatlat.com Main story:Oil price review committee, deodorant of oil cartel-Aquino govt collusion? MANILA -- Two lawmakers are not convinced that the findings of the Independent Oil Price Review Committee (IOPRC) are correct. Bayan Muna...
By MARYA SALAMAT
Progressive groups are criticizing the Independent Oil Price Review Committee for limiting itself to ‘surface data’ and refusing to delve deeper into the supply contracts and inventories of oil companies; for starting from the assumption that the Oil Deregulation Law is for the people’s benefit; and for relying on data ‘voluntarily supplied’ by oil companies.
Sidebar:Probe on findings of Independent Oil Price Review Committee urged
The oil companies and Malacañang together squeeze about P328.98 million ($6,783,092 at the current exchange rate of $1=P48.50) in unjust collections everyday from Filipino consumers. This brazen act of exploitation is downright condemnable, especially today that...
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