Neoliberalism
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Oil Price Shock: Market manipulation, not Middle East conflict, to blame — Piston
Piston strongly condemns the looming P5 per liter big-time oil price increase. The real culprit behind the relentless price shocks are market speculation and profiteering, not the Israel-Iran conflict as so often claimed. The truth is, global oil prices are being manipulated by traders and oil giants who exploit every hint of geopolitical tension to…
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Piston on new DOTr order: Cosmetic ‘reopening’ of consolidation does not address livelihood threats
Piston denounces the newly issued DOTr Department Order No. 2025-009 (DO-2025-009), “Guidelines on the Reopening of Applications for Consolidation and Issuance of Provisional Authorities for Unconsolidated Individual Operators,” as yet another measure that places the burden squarely on the backs of small PUV drivers and operators. While DO-2025-009 purports to offer a “more equitable and…
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Piston on new DOTr secretary Vince Dizon: Recycled Digong-era pro-corporate face
Piston raises concern about the Philippine government’s latest appointment of former Duterte aide Vince Dizon as Secretary of the Department of Transportation (DOTr) under the Marcos Jr. administration. Dizon, a key architect of the Duterte regime’s Build Build Build program and former CEO of the Bases Conversion and Development Authority (BCDA), carries a notorious record…
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27 years of oil deregulation: bleeding drivers dry while oil cartels rake in profits — Piston
Piston continues to condemn the Oil Deregulation Law (Republic Act 8479), blaming it for continuously crippling the income and livelihoods of drivers and consumers. The law, enacted 27 years ago on Feb. 10, 1998 to liberalize the oil industry, has left drivers and consumers at the mercy of volatile global oil markets and unchecked corporate…
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Cost-of-living crisis escalates under Marcos Jr: Transport workers demand accountability as oil giants, trapos rake in billions — Piston
The Philippines’ cost-of-living crisis has worsened, with jeepney drivers and operators enduring crippling fuel costs while oil corporations post staggering profits. Transport group Piston is sounding the alarm on systemic inequities, government negligence, and policies that prioritize corporate greed over public welfare. Jeepney sector crushed by fuel prices, neglect Jeepney drivers and operators, who serve…