Tags: shell

By MARYA SALAMAT Bulatlat.com MANILA — The impending transport strike was not discussed in the recent dialogue with President Aquino, but San Mateo said Aquino has “diplomatically” threatened them against pushing through with the strike, as the president reiterated the LTFRB’s “reminder” to drivers that they are franchise holders with responsibility to ply their routes.…

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…

Despite its limitations, the oil-price caps have irked Big Business and their think tanks and they have been lobbying to have it lifted. Fearing EO 839 could set a dangerous precedent to its business, Shell even filed a case in court against Arroyo’s order. But consumers and critics say that if Arroyo is really sincere in protecting consumers, she should use her power to have the Oil Deregulation Law repealed.

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.

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.