SOURCE: Oil firms impose 'big' price hikes as Lent starts | GMA News Online | The Go-To Site for Filipinos EverywhereOil firms impose 'big' price hikes as Lent starts
February 22, 2012 7:29am
On the first day of Lent, a season of self-sacrifice, oil companies imposed Wednesday a "big" fuel price hike, with the price adjustment in some products breaching the P1 mark.
The oil firms including Shell, Total, Chevron and Petron made their price hikes effective 6:01 a.m., radio dzBB reported.
Premium and regular gas had the biggest price hikes, ranging from P1.15 to P1.35 per liter.
Shell increased prices of its premium gas by P1.15 per liter; regular by P1.35 per liter; diesel by 50 centavos per liter; and kerosene by 55 centavos per liter.
Total increased its prices for premium and unleaded gas by P1.15 per liter; regular gas by P1.30 per liter; and diesel by 50 centavos per liter.
A separate report by dzBB's Sam Nielsen said Petron and Chevron increased prices of premium and unleaded fuel by P1.15 per liter; and diesel by 50 centavos per liter.
On Tuesday, militants held a noise barrage at a gasoline station in Manila at noon to protest the continued hikes in fuel prices.
Several members of militant groups brought placards denouncing President Benigno Aquino III for focusing only on ousting impeached Chief Justice Renato Corona.
"Aquino puro Corona, inutil sa ekonomiya," read a poster brought by one of the protesters, as depicted in a photo posted on the Twitter account of Kabataan party-list secretary general Vencer Crisostomo.
Other placards brought by the militants urged motorists to honk their horns to protest fuel price hikes.
The noise barrage was held at the corner of Taft Avenue and Pedro Gil Street, Bagong Alyansang Makabayan secretary general Renato Reyes Jr. said.
Reyes also tweeted the protest was meant to call for the scrapping of the value-added tax and deregulation of the oil industry.
"Scrap VAT and deregulation. Aquino puro Corona inutil sa ekonomiya," he said.
A separate report by radio dzBB's Carlo Mateo said there was no initial report of violent confrontation with police.
Earlier, the Manila Police District said it was securing fuel facilities in Manila's Pandacan area amid plans by militant groups to stage protest actions. — LBG, GMA News
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Tsikoteer
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February 22nd, 2012 09:30 AM #1
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Tsikoteer
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February 22nd, 2012 10:12 AM #2grabe.. i think this is the all time high na for the past 1 year? or 2 years?
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COO - Child of Owner
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Tsikot Member Rank 4
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February 22nd, 2012 10:43 AM #5ok lang yan... para mabawasan ang mga sasakyan sa kalye
meron mga tao iiwanan ang sasakyan sa bahay at mag co-commute nalang
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Tsikoteer
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February 22nd, 2012 10:50 AM #6^
Originally Posted by uls
eto lang ang maganda sa oil price hike. The rest are bad.
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here at my current location (outside RP), it's equivalent to Php67.94 +/- per liter... Which means gas price is still lower in the Phil.Last edited by KERSMcRae; February 22nd, 2012 at 10:52 AM. Reason: qoute message + comment
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February 22nd, 2012 03:37 PM #7Mukhang magkakaalamanan na naman kung sino talaga ang may pera!... Originally Posted by uls
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Darker and Bigger
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February 22nd, 2012 04:30 PM #8Alam mo Kung sino gagawa niyan? Mga racers wannabe, weekdays commute na lang sila para pwede racing racing Sa weekend Originally Posted by uls
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Darker and Bigger
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February 22nd, 2012 04:37 PM #9I stopped filling up before an increase a loooooooonnggg time ago...Kahit P2-P5 or Kahit P10 pa magkano Lang naman madagdag Sa full tank...let's say 40 liters full tank oh magkano Lang nadadgag not really that much for us private motorist
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Moderator
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February 22nd, 2012 04:57 PM #10Oo nga, narealize ko sagot naman ng company. Kawawa nga lang sa expenses. Bawas sa profit. Originally Posted by shadow
Nakakainis pero ano magagawa mo, hindi naman tayo puwede gumawa ng sariling fuel.
Fasten your seatbelt! Or else...
Driven To Thrill!
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Tsikoteer
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February 22nd, 2012 05:03 PM #11literal na linguhang pagtaas... 7x na ata nagtaas and we are on the 7th week of the year....
Ipasok na ang slogan.... "sa pag unlad ng bayan bisikleta ang kailangan"
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Originally Posted by uls
