firms to hike fuel pump prices today

Motorists will have to pay more for petroleum products this week as oil firms announced another round of hikes after the rollbacks implemented last Tuesday.

In separate advisories, Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. said they will hike prices per liter of gasoline by P0.40, diesel by P1.50, and kerosene by P1.25.

The changes will take effect at 6 a.m. on Tuesday, March 7, for both companies.

Other firms have yet to make similar announcements for the week.

The latest movement follows the rollback implemented last week, when firms cut prices per liter of gasoline by P0.70, diesel by P1.30, and kerosene by P1.80.

Latest data available from the Department of Energy (DOE) show that year-to-date net decreases stood at P2.40 per liter for kerosene and P2.30 per liter, and a net increase of P5.30 per liter was recorded as of February 28, 2023.

The higher prices also come amid a week-long transport strike from March 6 to 12, as jeepney operators and drivers protest the public utility vehicle (PUV) Modernization Program.

The Metropolitan Manila Development Authority (MMDA) has since suspended the expanded number coding scheme on Monday, March 6, but has yet to provide any guidance for the rest of the days in the transport strike.

In slamming militant transport group PISTON and the Alliance of Concerned Teachers (ACT) over the week-long transport strike:

“This does not come as a surprise anymore — a tactic is taken from a playbook familiar to many Filipinos. PISTON is an organization with leaders and some members poisoned by the ideologies of the bankrupt Communist Party of the Philippines, the National Democratic Front of the Philippines, and the New People’s Army. And happily cavorting with PISTON and other militant organizations is ACT, a group that is diametrically nowhere near in the service of the interest of the learners and the education sector.”

“God is able to make all grace abound to you, so that in all things at all times, having all that you need, you will abound in every good work.” - 2 Corinthians 9:8.

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World changers use their wealth to help others.

This is a declaration that nobody will contradict (I hope).

Andrew Carnegie was such a man whose philanthropic ways were numerous and limitless.

Of Scottish origin, Carnegie was born in Scotland in 1835 and immigrated to the United States when he was just a thirteener.

He found work as a weaver’s assistant at one dollar per week in a cotton factory.

With such a lowly background, how would we ever imagine or even surmise he would rise up to become one of the wealthiest and most powerful industrialists in America.