The prices of petroleum products raised again by oil companies’ yesterday morning because of its price movements in the international market.
In text messages submitted by Sea oil and Phoenix Petroleum, around six o’clock in the morning when it raised 70 ¢ per liter on diesel, 60 ¢ per liter on premium and unleaded gasoline and 50 ¢ per liter of kerosene.
Petron and Total Philippines followed to raise price that also carried a similar amount of increase in petroleum products.
The Shell Philippines on the other hand raised similar prices except on their premium gasoline.
November 20 was the last hike of oil prices in the local market.
The Philippine government failed to stop transport groups from conducting a nationwide strike Thursday due successive petroleum price increases. This event forced the Department of Education to defer to local governments the decision to suspend classes in their respective localities on Thursday.
Edwin Lacierda said at a briefing in Malacañang “Mukhang hindi po magpapapigil… ang mga transport groups. And so, in the alternative, we are preparing for the contingencies,” after Chairman of the Metro Manila Developer Authoriry (MMDA) Francis Tolentino Failed to convince the transport groups to cancel their strike.
George San Mateo Piston president said that transport groups wants oil companies to roll back diesel by 9pesos per liter and 10pesos in gasoline. Also the transport groups wants to scrap the 12-percent e-Vat on petroleum products to help stabilize the petroleum product prices.
Aside from Metro Manila the protest actions will also be held in the following cities in Thursday.
- Bacolod in Negros Occidental
- Baguio in the Cordillera Administrative Region
- Butuan in Agusan del Sur
- Cagayan de Oro in Misamis Oriental
- Dumaguete in Negros Oriental
- General Santos in South Cotabato
- Iloilo in Iloilo province
- Legaspi in Albay
- Mandaue in Cebu
- Roxas in Capiz
- San Pedro in Laguna
- Santiago in Isabela