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Continue reading →: Oil firms profiteering thru excessive price hikesFrom the start of the year up to May 15, the price adjustments in diesel may have been “excessive” by about Php1.03 per liter and gasoline by Php1.34 centavos per liter. This resulted in about Php53.74 million additional collections every day from diesel and gasoline products for the oil companies.…
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Continue reading →: Oil firms, government earn almost PHP10 M daily extra income from unjustified price hikesThese guesstimates merely scratch the surface by comparing local and international price changes. In reality, with or without price adjustments, big oil companies that run and control the global oil industry retail petroleum at prices many times their actual production costs.
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Continue reading →: Selling out PH sovereignty and patrimony for conditional Chinese moneyIn exchange for conditional loans that benefit Chinese banks and corporations, the Duterte administration is weakening, if not practically giving up, the country’s claim on 381,000 square kilometers of maritime space as well as vast fishery, oil and gas, and mineral resources.
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Continue reading →: Cha-cha ng mga trapo, dayuhan at negosyoImportanteng maintindihan ang Cha-cha bilang isa sa mga larangan ng pagtutunggalian ng iba’t ibang interes sa ating lipunan. Pangunahin dito ang pagtutunggali ng interes ng mga naghahari at pinaghaharian.
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Continue reading →: Bangis ng buwis sa langisSabi dati, “matira matibay”. Pero sa ilalim ni Digong at ng kanyang mabangis na buwis sa langis, “matira mayaman”.
I’m Arnold Padilla, a Filipino activist, writer, and researcher.
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