September 2023
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PISTON slams P0.20/L oil price rollback, demands urgent repeal of Oil Deregulation Law
Transport group PISTON criticized the recent oil price rollback as blatantly insignificant compared to the overpricing of oil companies enabled by the Oil Deregulation Law. Oil companies are set to reduce diesel, gasoline, and kerosene prices today by P0.20/liter and P0.50/liter respectively. “This meager rollback is an insult to the citizens, especially to those directly…
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‘Lavish display of insensitivity’: PISTON slams Marcos Jr’s F1 trip amidst big-time oil price hike
Transport group PISTON slams Marcos Jr’s disregard for the plight of ordinary Filipinos, as he jetted off to Singapore to indulge in the luxury of the Formula One Grand Prix while his own country grapples with a big-time oil price hike looming this week. “Habang napipilitan nang maghigpit ng sinturon ang mga namamasada at ang…
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Fuel subsidy not enough to cushion impact of oil price hike — PISTON
As oil prices continue to soar for the 10th consecutive week today, transport group PISTON raises concern over the insufficient fuel subsidy recently approved by the Department of Budget Management (DBM) and the national government’s budget priorities. Around 1.3 million transport workers will share a meager P3 billion one-time fuel subsidy. However, PISTON argued that…