oil deregulation law
Amidst the latest round of oil price hikes, labor center Kilusang Mayo Uno slammed Pres. Noynoy Aquino today for refusing to junk the Oil Deregulation Law and impose controls on petroleum prices, saying the global oil monopoly and the local Big 3 are using every instance of global turbulence to hike prices and increase profits.
“Oil is still overpriced and a big-time rollback is still needed.”
This was labor center Kilusang Mayo Uno’s reaction to another round of price rollbacks implemented by oil companies today, saying the Aquino government should order the oil companies to implement a bigger rollback.
Protestors led by labor center Kilusang Mayo Uno held a picket in front of the main office of Shell Philippines in Makati today to condemn the latest increase in the prices of petroleum products, slamming the Big 3 oil companies for carrying on with their overpricing schemes.
Labor center Kilusang Mayo Uno slammed the Aquino government today for the latter’s reactions to yesterday’s Protestang Bayan, saying the administration is merely countering protests and not giving the public some relief from the non-stop oil price hikes.
(1) Kalahating araw pa lang ng Protestang Bayan, naipakita na ng mga manggagawa at mamamayan ang galit sa kartel sa langis at sa gobyerno ni Pang. Benigno “Noynoy” Aquino III kaugnay ng napakamahal at nagmamahal pang produktong petrolyo. Banta pa lang ng protesta, hindi na itinuloy ng kartel sa langis ang dagdag-presyo.