oil deregulation law
Labor center Kilusang Mayo Uno slammed Malacañang today for claiming that the government is not helpless against non-stop oil price hikes, saying the Palace is using evidence that shows otherwise.
Presidential Deputy Spokesperson Abigail Valte made the statement in defending the Aquino government against criticisms that it is “helpless” in stopping oil price hikes.
“The Big 3’s overpricing of petroleum products and the threat that oil companies will be ‘adjusting’ prices twice a week make junking the Oil Deregulation Law even more urgent.”
Labor center Kilusang Mayo Uno reiterated its call to immediately rollback oil prices by P9.00 at the least, which it says is equivalent to the Big 3’s local overpricing of petroleum products, as an immediate relief for the workers and people suffering from high prices, very low wages, and widespread poverty.
“It is revolting how the oil cartel, in connivance with the Aquino regime, continues to boost their already-huge profits out of workers’ and people’s misery over the overpricing and skyrocketing prices of petroleum products.”
Ang gabay sa talakayan na ito ay inihanda ng Bagong Alyansang Makabayan at inilabas noong Marso 2011.