Pampanga Times

On The Latest Round of Oil Price Hikes

I view the latest round of oil price hikes as both insult (As it comes at the heels of the proposed mechanism for oil price management in times of crisis) and direct challenge to the government’s efforts to control the prices of basic commodities and help ease the impact of the recent calamities on our people. I find it downright insensitive, and bordering on the despicable and disgusting, and i condemn it. As chairman of the House energy committee, and after thorough discussion and debate at the committee level, I reiterate my call for the pertinent government agencies, the Department of Energy in particular, to start auditing the books of the oil companies. This has also been ordered by the president. I am also coordinating with Sec. Favila regarding the proposed special mechanism for oil price management which we will present to the oil companies. Our people might get the impression that oil companies can have their way with our people. -Mikey Arroyo