Tag: oil prices
Govt will needed to enforce oil price unbundling – IBON
Hunyo 29, 2019
Research group IBON said that the Department of Energy (DOE) circular ordering oil companies to unbundle prices is a welcome and overdue measure for greater transparency to help prevent overpricing of oil products. However, the government must have the political will to implement this and the involvement of the public and consumer groups must be […]
Oil Price Hikes More Often, Unjust Under Deregulation
Pebrero 1, 2019
Fuel prices would be even lower if not for TRAIN
Disyembre 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON
Despite rollbacks, TRAIN makes fuel more expensive–IBON
Disyembre 4, 2018
Research group IBON said that even with recent oil price rollbacks, the Duterte administration’s Tax Reform for Acceleration and Inclusion law (TRAIN) increases fuel prices with an inflationary effect burdening the poor more than the rich. IBON pointed out that rollbacks have always been proven to be temporary and stressed that TRAIN’s taxes make fuel […]