MANILA – February kicked off with a price hike for liquefied petroleum gas (LPG).
Petron and Solane announced price increases of 70 centavos and 73 centavos per kilogram, respectively, starting Saturday. Petron explained the adjustment reflects the international contract price for LPG this month.
The increase means a rise of PHP7.70 to PHP8.03 for a typical 11-kilogram household LPG cylinder. Cleanfuel also raised its automobile LPG price by PHP0.35 per liter.
Before the hike, an 11-kilogram LPG tank in Metro Manila ranged from PHP860 to PHP1,140, with auto LPG priced at PHP42.55 per liter, according to the Department of Energy.
ia/mnm
Image Courtesy of Benjie Cuaresma
PARANAQUE City — Activists belonging to the transport organization PISTON (Pagkakaisa ng mga Samahan ng mga Tsuper at Operators Nationwide) staged a protest rally in Baclaran.
Their primary grievances centered around the Oil Deregulation Law and the persistent rise in oil prices.
The protesters also demanded the removal of excise taxes on oil and petroleum products, a reduction in oil prices, and the nationalization of the oil industry within the Philippines.
George San Mateo, the President of PISTON, emphasized the need for an investigation into alleged overpricing and the activities of large foreign oil corporations operating in the country.
Featured images depict members of the activist groups displaying sizable banners condemning the oil deregulation law, advocating for lower oil prices in the nation, and opposing the phasing out of jeepneys.
(Benjie Cuaresma/ai/mnm)