Pamamahagi ng Pantawid Pasada Program sa mga PUV, pinamamadali ng DOE

Transcript

00:00 The government is rushing to provide assistance to public utility drivers

00:04 following the several times increase in the price of oil products.

00:09 According to DOE Director of Oil Industry Management Bureau, Atty. Rino Abad,

00:13 the approved fund of the Congress for the Pantawid-Pasada Program is worth around Php 3 billion.

00:20 The price of oil products has been falling for seven weeks

00:25 due to the reduction of the supply of Russia and Saudi.

00:28 In December, the price of gas might fall

00:31 so the public is advised to save money and to promote private sector.

00:37 The problem we're encountering since June,

00:41 we have under production of around 1 million barrels per day of oil.

00:47 It's increasing.

00:49 In fact, the projection is that by August,

00:54 the daily production will be around 2.8 million barrels.

01:00 First of all, for private sector,

01:03 avail the promo programs of oil companies.

01:08 Php 2 to Php 4 per liter.

01:10 You won't be joining the subsidy program of Pantawid-Pasada,

01:16 so you're only here in the promo programs of oil companies.

01:19 [BLANK_AUDIO]