The government will start distributing fuel subsidies to public transportation drivers and operators today (Wednesday) as Speaker Martin Romualdez said
he will seek a dialog with oil firms to find a possible compromise to give motorists a respite following nine straight weeks of oil price increases.
“It is common knowledge that oil companies still sell supplies bought at lower prices before the costs of crude oil in the world market increased. Maybe we can appeal to them not to increase their pump prices in the meantime,” Romualdez said.“We don’t want to impose on them [oil firms], but we also want to know if they can help alleviate our suffering,” he said.
“The amount allocated to each beneficiary of the subsidy depends on how much petroleum products are consumed by their public transport,” Guadiz said.
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