With big time oil price hike
BAYAN MUNA MULLING TO FILE CHARGES VS DOE FOR STILL NOT ISSUING MEMO UNBUNDLING OIL PRICES
With a big time oil price hike scheduled this coming Tuesday, Bayan Muna Chairman Neri Colmenares and Bayan Muna Rep. Carlos Isagani Zarate today said that they are considering the filibg of charges against the Department of Energy (DOE) officials for still not issuing an order for the unbundling of oil prices.
“Ang tagal na pong nakatennga sa DOE ang department order na ito pero hanggang ngayon ay inuupuan pa din nila. Sabihin na nila kung sino sa mga oil companies ang pumipigil at nananakot sa kanila para masampahan din ng kaso,” said Colmenares.
The unbundling of oil prices aims to make the industry transparent by mandating oil companies to provide a breakdown of prices including landed cost of fuel imports, marketing, distribution, taxes, and company profits, among others.
“Ang hirap kasi na taas ng taas ang presyo ng langis pero bulag naman tayo kung tama ba ang sinisingil sa atin,” he added.
“Mahalaga ang order na ito dahil mahigit isang taon na ang nirerequest naming datos sa presyuhan ng langis mula sa pag-import ng mga kumpanya ng langis, freight, land transportation, additives at lahat ng proseso na nagdadagdag sa presyo ng langis pero wala pa din.The data we requested was long overdue especially since they promised that they would submit it by November 2017. It is already 2019 and still no complete data was given. The data is very important especially now with the implementation of the 2nd tranche of the TRAIN law and the continuous increase in pump prices,” said the progressive leader.
“As it is, the DOE should stop making excuses that they need more time for the memo or that they cannot summon the data needed to compute the real price of oil in the country. All the data we need can be summoned by the DOE secretary under Sections 12 and 15 of the Oil Deregulation Law. What is happening though is that the DOE seems to be the spokespersons and lawyers of the Big 3 with the continuing price hikes,” said the Makabayan senatorial bet.
Rep. Zarate meanwhile said that the “DOE unbundling memo should immediately be released for consumers to see if oil companies are over charging us using the TRAIN law and other expenses that they add to oil prices.
“Bayan Muna have been demanding for the oil pricing data from oil companies in our numerous hearings in Congress to see if there is over charging or predatory pricing, but the oil companies just gave excuses not to submit their data while the DOE said they can do nothing, then they said that they would issue an unbundling memo,” added the Davao-based solon
“We’re tired of hearing the DOE’s failed promises; just release the unbundling order and have the oil companies submit their data,” he said.
“If they will still not issue the memo by next week especially with the upcoming big time oil price hike then we might file charges against them for being remiss of their duty,” ended Rep.Zarate.###