House leaders, nakipagpulong sa DOE, oil industry players para matugunan ang serye ng oil price hikes
House leaders, nakipagpulong sa DOE, oil industry players para matugunan ang serye ng oil price hikes
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00:00 The camera's leader helped the Energy Department and oil companies
00:05 to solve the rising oil prices.
00:10 The motorists, on the other hand,
00:12 are doing their own discarding to save on gasoline.
00:16 This is what Mela Lesmora reported.
00:18 The motorists are doing their own discarding
00:23 amid the rising oil prices in the country.
00:28 Today, the companies are again making two pesos,
00:31 up to two pesos and fifty centavos oil price hike.
00:36 I think it's just a matter of making money.
00:38 Unlike before, we don't pull tanks anymore.
00:44 I'm chasing the pull tank because it's rising now.
00:47 It's not rising anymore.
00:49 We have to buy a lot of things now, even gasoline.
00:53 We're really working hard to have extra income.
00:57 To solve the situation,
00:59 yesterday, the House Leader helped the President of the House,
01:03 Speaker Martin Rumualdez,
01:05 to the oil industry players
01:07 along with the Department of Energy.
01:09 This is where Speaker Rumualdez called on the companies
01:13 to reduce the price of oil
01:15 and as a replacement,
01:17 they are also ready to recommend a solution to the situation.
01:20 Your friends here in the House want to listen to you.
01:24 We want to work together and see how we can mitigate the crisis.
01:27 We want to work together with you,
01:32 we want to work with the people
01:34 and we want to inform you
01:38 so we can get the best ideas
01:40 on how we can give the next price to our oil price.
01:49 According to House Deputy Majority Leader Erwin Tulfo,
01:52 one of their plans is to temporarily suspend
01:57 the demand for fuel excise tax in the country.
02:00 But they will finish their second meeting
02:03 in the next week
02:05 before they make a final recommendation
02:08 to President Ferdinand R. Marquez Jr.
02:10 But it will have to be recommended by the Speaker to the President.
02:14 Only the President can do that,
02:16 the suspension of excise.
02:18 They already have computations
02:20 and our group will reduce the price of oil
02:24 by around P10
02:26 if the excise tax is removed.
02:28 They are also saying
02:30 that if the use of bioethanol is eased up,
02:34 it will be reduced to P14.
02:38 According to DOE Undersecretary Sharon Garin,
02:41 they are regretting the actions of the Camera,
02:44 especially in their assessment
02:46 that the series of oil price hikes will last longer
02:49 if the tax is not removed.
02:51 If the fuel excise tax is suspended
02:54 for the next 10 months of 2023,
02:56 the government will lose P10 billion.
03:01 Whatever happens,
03:03 someone will have to make a sacrifice.
03:05 The decrease will start after December.
03:08 So we need attention and solutions for this problem
03:18 so that the next three months will be eased.
03:23 Aside from the oil industry players,
03:25 the Camera is also getting involved
03:27 with other sectors affected by the high prices of crude oil.
03:31 The Speaker also has a plan to talk to the Canada manufacturers,
03:35 the basic goods commodities manufacturers,
03:39 to meet with them because they are guessing
03:41 that the prices of canned goods will increase, etc.
03:44 So the Speaker wants to talk to them, I think with the DTI,
03:48 if they can hold off for now because Christmas is coming.
03:51 Christmas is coming,
03:53 and the youths want to share their love for their countrymen.
03:58 So they are working on a way to do this.
04:02 Melalee Moras, for the nation.
04:04 Sabayan.