The different oil companies registered an estimated P20 billion in profits last year led by Petron with P6 billion. In previous years, they even doubled their profits in one year. That’s just too much.
GMA has tolerated this overpricing for the last eight years. Better late than never, she acted and used the vast powers of her office to clamp down on the oil companies. Partly to blame is the anti-consumer attitude of Department of Energy Secretary Angelo Reyes and before him Vince Perez and Popo Lotilla.
I noticed too, that the “Big Three” oil companies are building bigger and bigger stations. In Metro Manila, there’s literally a gasoline station in every major street. Too many. How about suspending some of this station expansion and using the money to reduce gas prices?
What’s the stand of presidentiables on oil pricing policies?
Remember, the government, including the military, the police and Department of Public Works and Highways as well as local governments are the biggest consumer of oil products. Keeping oil prices in check will reduce the government deficit. That’s common sense.
Not to forget that some of these oil companies are buying smuggled oil and diesel. And nobody has been persecuted because the Bureau of Internal Revenue and the Department of Justice have not made their charges stick for a million reasons. –Amb. Ernesto Maceda, Daily Tribune
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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