Oil Price Hike
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Jeepney drivers buckle under soaring oil prices as Marcos Jr pampers billionaires with tax breaks — PISTON
PISTON said the relentless surge in oil prices continues to put significant financial burden on jeepney drivers, with estimates suggesting a loss of about Php 5,000 since October due to the skyrocketing fuel costs. Diesel prices have surged by Php 7.25 since the beginning of October, with the latest big-time increase reaching Php 2.10 per…
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Marcos Jr, oil firms continue to burden Filipinos with excessive taxes, unregulated prices — PISTON
Transport group PISTON renewed its call for the repeal of the Oil Deregulation Law as fuel prices surged by more than P2.00 per liter on Tuesday. According to the group, as Filipinos struggle with soaring costs of living, it is clear that both oil companies and the government are benefiting disproportionately from speculative pricing practices.…
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PISTON urges more protests as oil prices surge for the fourth straight week
The Marcos Jr regime has consistently failed to curb the power of the “Big Three” petroleum companies in the country. Despite inflation trending upward and rising cost of living causing widespread crisis, Shell, Caltex, and Petron continue to raise oil prices — the fourth consecutive increase in the past weeks. Despite deregulation 26 years ago,…
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Marcos Jr’s second year marked by meager wage increase, relentless oil price hikes
Marcos Jr’s attempt to cover up his incompetence by implementing a measly P35 minimum wage hike in the NCR cannot overshadow the fact that his administration continues to blunder the country in grave economic crisis. This pitiful wage increase is announced as the prices of oil continues to rise in its third straight week. This…
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End oil deregulation as Israel-Palestine war stirs up oil price speculations — PISTON
Transport group PISTON demands the Marcos Jr government to scrap the Oil Deregulation Law and urgently regulate fuel prices as oil companies and cartels could exploit the ongoing attacks waged by Israel on the Palestinian people to hike up oil prices. PISTON also calls on the Philippine government to denounce Israel and its number one…