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Bacolod City, Philippines Wednesday, December 4, 2013
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Oil price hike dampens
Christmas for drivers


The new round of increases in oil prices will hurt  public utility drivers this Christmas, Jesse Ortega, secretary general of the Sentrong Samahan ng Tsuper at Operators Negros, said yesterday.

December is the time when drivers can make a profit with more passengers, but that will not be a reality this year as the extra money they will make will all go to  the increase in fuel prices, he said.

Shell Philippines, Petron Corporation and Total Corporation announced fuel price increases yesterday due to movements in the international market.

Effective 6 a.m. yesterday, the three oil companies increased the prices of gasoline by 35 centavos per liter, and diesel by P1.35 per liter.

Shell and Petron also hiked prices of kerosene by 20 centavos per liter.*CPG



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