The United Negros Drivers and Operators Center and the Sentrong Samahan Tsuper at Operators Negros expressed opposition yesterday to the proposal of Department of Energy Secretary Carlos Jericho Petilla to implement quarterly fare automatic adjustments.
SSTON secretary general Jesse Ortega said that if the transport group would favor the proposal, it shows they are also allowing oil companies to excessively increase prices of fuel products.
Ortega said that if the proposal materialize, the commuters, especially the students, will be the ones to suffer its effect.
UNDOC secretary general Diego Malacad, said having quarterly fare adjustments is not the absolute resolution of the continued rising prices of fuel products.
Malacad said the fuel price hike is one of the reasons why they are asking for the review of the oil deregulation law.
Early Tuesday, oil companies increased fuel prices citing the
movements of oil costs in the world market.
Despite the new wave of oil price increase, none of the transport Groups in Western Visayas has filed petition for a fare increase, although some were asking Land Transportation Franchising and Regulatory Board for a provisional 50 centavo fare hike for every five kilometers, LTFRB Region 6 Director Romulo Bernardes, said yesterday.
Bernardes said that if a petition is filed, LTFRB will schedule a hearing to resolve it.*APN