Transport group PISTON on Tuesday criticized the P2.70 increase per liter of diesel prices, saying it would cut a big chunk of their daily earnings.
Interviewed on Unang Balita, PISTON national president Mody Floranda said that the oil price hike would greatly affect jeepney drivers as it would take away about P81 from them per day.
“Malaking epeketo ang pagtaas ng P2.70 per liter sapagkat kapag tinignan natin, halos P81 per day ang nawalang kita ng drayber at mga operator na dapat ito’y nagagagmit na sa pangangailangan ng kanilang pamilya,” he said.
(The P2.70 per liter price increase has great effect on us because if we would look at it, about P81 of the savings per day of the drivers and operators will be lost, which is supposedly for the needs of their family.)
“Kapag tinignan natin sa loob ng 25 days ay halos P2,000 ’yung direct na nawala dahil nga sa epekto ng pagtaas ng presyo ng petrolyo,” he added
(In 25 days, about P2,000 will be directly slashed from us because of the effect of the oil price hike.)
Oil companies on Monday announced that they will increase prices per liter of gasoline by P2.65, diesel by P2.70, and kerosene by P2.60.
The adjustments will take effect at 6 a.m. on Tuesday, October 15, for all the firms except for Cleanfuel, which will increase prices at 4:01 p.m. the same day.
The latest announcements are in line with projections made by the Department of Energy-Oil Industry Management Bureau (DOE-OIMB), citing concerns on supply disruption due to the ongoing geopolitical concerns, production cuts, and unplanned refinery outages. — Giselle Ombay/RSJ, GMA Integrated News
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