Akbayan seeks fuel subsidy vs. oil price hikes

Akbayan seeks fuel subsidy vs. oil price hikes

By Ernie Reyes

MANILA — “Step on the brakes on oil price hikes.”

This was the call of Akbayan Partylist to the government in response
to eight weeks of non-stop fuel price increases, as it pushes for fuel
subsidy to motorists by reviving the Pantawid Pasada Program.

“Kailangan nating tapakan ang preno at pigilan ang pag-arangkada ng
presyo ng gasolina. Kailangan ng mamamayan ng ayuda at proteksyon sa
pamamagitan ng fuel subsidy,” Akbayan First Nominee Perci Cendaña

Akbayan said that the constant increase in fuel costs are already a
burden to motorists, and have effects that will ripple onto other
aspects of life for ordinary Filipinos.

“In the middle of a pandemic, this will make life even harder and push
more people towards desperation. The government should step in and
immediately reactivate and expand the Pantawid Pasada program to
alleviate the burden,” Cendaña explained.

Pantawid Pasada is a subsidy program first implemented in 2011 under
the administration of President Benigno Simeon Aquino III as part of a
contingency plan to provide targeted relief to the public transport
sector to cushion the impact of high fuel prices on the riding and
consuming public.

It was reported that over the course of two months, diesel fuel costs
have increased by a total of P8.65 a liter. Since the start of 2021,
diesel has seen a net increase of P18 per liter. The two-month rise in
gasoline prices has now totaled P7.20 per liter. Gasoline has
increased by a total of P19.70 per liter since the start of the year.

Regular diesel is now at P44.85 to P69.05 in northern Luzon, P41.60 to
P61.27 in southern Luzon, P46.80 to P64.95 in the Visayas and P46.10
to P70.65 in Mindanao. Unleaded gasoline is now at P51.45 to P79.80 in
northern Luzon, P50.87 to P73.09 in southern Luzon, P54.75 to P73.96
in the Visayas and P53.00 to P74.85 in Mindanao.


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