Transport groups dare oil firms to give higher fuel price discounts

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Saturday, March 3, 2018
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MANILA – Two transport groups are pushing for higher fuel price discounts than what oil companies are willing to give.

Earlier on Thursday, the Department of Energy signed a memorandum of agreement with Petron Corp., Phoenix Petroleum Corp., and Pilipinas Shell Petroleum Corp. on a P1 per liter discount for public utility vehicles.

Energy Secretary Alfonso Cusi said the discount intends to mitigate the impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law. He is hoping that the discount would be enough to convince transport groups not to ask for a fare increase.

Obet Martin, president of PASANG MASDA, said the P1 per liter discount would help driver who pay for fuel costs, but not enough for the group to abandon its petition for a P2 fare increase.

“Ito po’y pampalubag loob sa amin kaya pinasasalamatan ko ‘yung tatlong kumpanya na nagbigay niyan,” Martin said.

“Bakit hindi pa nila lakihan? Gawin nilang tatlong piso ang discount. Pag ginawa nilang tatlong piso, iaatras ko po ang aming ifinile na formal petition for fair increase,” he said.

George San Mateo, president of PISTON, noted that oil companies were already giving fuel discounts prior to the agreement.

“PISTON is pushing for at least P6/liter fuel discount. But more than the discounts, mahalaga rin po sanang magkaroon ng political will ang government to suspend, review, and repeal the oil deregulation law and abolish the TRAIN law,” he said.

“Government should regulate oil prices,” San Mateo said. (GMA News)
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