Communist Party of the Philippines
The Communist Party of the Philippines (CPP) today said the order to cut jeepney fares by one peso is unfair to the jeepney drivers when the Aquino regime has yet to carry out necessary measures to ensure that the sharp fall in international crude oil prices will have an all-sided impact on the domestic economy and to the particular benefit of the toiling masses.
“Instead of giving priority to regulating the large companies, such as the big oil subsidiaries, the mass transportation corporations and energy producers and suppliers, the Aquino regime is training its regulatory powers on jeepney fares in a cheap publicity stunt that is being done at the expense of the small toilers,” pointed out the CPP.
“Indeed, the jeepney fare cuts will benefit the ordinary riding public, but will result in a sharp fall in the income of jeepney drivers which is barely enough to sustain the daily expenditures of their families,” said the CPP.
“The savings of a few pesos for the commuters mean nothing amid the slow and insufficient rollback in the prices of petroleum products and the continuing rise or non-reduction of the prices of basic commodities and other services.”
“The big oil companies are boosting their profit rates by not rolling back local retail prices in correspondence with the sharp decrease in the international prices of crude oil,” added the CPP.
“The Filipino people must demand that the Aquino regime train its regulatory powers to compel the big oil subsidiaries to effect bigger rollbacks in prices of diesel, gasoline, LPG, kerosene and other petroleum products to correspond to the $65-$70 per barrel levels in the prices of crude oil in the international market over the past week,” added the CPP.
“The last time that international crude oil was at these levels, around 2007, domestic prices of diesel was around 25-30 pesos per liter while gasoline prices was just above P30 per liter,” pointed out the CPP. The latest round of oil price rollbacks has placed diesel at around P32-P34 per liter.
“The toiling masses of workers, including the jeepney drivers and ordinary income earners, students, small employees and professionals must unite in order to intensify their demand for substantial wage increases, a reduction in train fares, especially those owned or operated by the government, a reduction in air, sea and provincial bus fares, a big reduction in electricity and water rates and a substantial decrease in prices of basic commodities,” said the CPP.
http://www.philippinerevolution.net/statements/20141212_jeep-fare-cuts-unfair-without-bigger-oil-price-rollback-wage-hike-and-price-cuts-cpp
“Instead of giving priority to regulating the large companies, such as the big oil subsidiaries, the mass transportation corporations and energy producers and suppliers, the Aquino regime is training its regulatory powers on jeepney fares in a cheap publicity stunt that is being done at the expense of the small toilers,” pointed out the CPP.
“Indeed, the jeepney fare cuts will benefit the ordinary riding public, but will result in a sharp fall in the income of jeepney drivers which is barely enough to sustain the daily expenditures of their families,” said the CPP.
“The savings of a few pesos for the commuters mean nothing amid the slow and insufficient rollback in the prices of petroleum products and the continuing rise or non-reduction of the prices of basic commodities and other services.”
“The big oil companies are boosting their profit rates by not rolling back local retail prices in correspondence with the sharp decrease in the international prices of crude oil,” added the CPP.
“The Filipino people must demand that the Aquino regime train its regulatory powers to compel the big oil subsidiaries to effect bigger rollbacks in prices of diesel, gasoline, LPG, kerosene and other petroleum products to correspond to the $65-$70 per barrel levels in the prices of crude oil in the international market over the past week,” added the CPP.
“The last time that international crude oil was at these levels, around 2007, domestic prices of diesel was around 25-30 pesos per liter while gasoline prices was just above P30 per liter,” pointed out the CPP. The latest round of oil price rollbacks has placed diesel at around P32-P34 per liter.
“The toiling masses of workers, including the jeepney drivers and ordinary income earners, students, small employees and professionals must unite in order to intensify their demand for substantial wage increases, a reduction in train fares, especially those owned or operated by the government, a reduction in air, sea and provincial bus fares, a big reduction in electricity and water rates and a substantial decrease in prices of basic commodities,” said the CPP.
http://www.philippinerevolution.net/statements/20141212_jeep-fare-cuts-unfair-without-bigger-oil-price-rollback-wage-hike-and-price-cuts-cpp
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