Oil Price Hike
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Drivers face cruel new year as fuel prices soar — PISTON
PISTON denounced the latest predatory fuel price increases that slam public utility drivers in the first week of 2025, deepening their economic crisis. Diesel prices has surged by P1.40 per liter on Tuesday, while gasoline and kerosene prices has jumped by P1 per liter, driving retail diesel prices around P56 per liter in the National…
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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…