• Standpoint

    Business Interests Over Consumers’ Protection

    Soon, the price of  every 11-kilogram tank of liquefied petroleum gas (LPG) in the market will reach P1,000 mark. Since the start of the year, LPG prices increased monthly by P100 to P150 per tank. And with the coming weeks, series of oil price hike are also expected. Big oil companies and independent manufacturers pointed it to the movement of international market price of LPG. It has always been their excuse. Even if they are currently selling old stocks, they still implemented price hike. Unfortunately, the government cannot do anything to stop the increase which makes ordinary Filipinos bleed. Even Congress is apparently inutile in saving consumers from profit raking…