MANILA, Philippines --- Oil companies must share the burden with the public affected by rising fuel prices, Speaker Ferdinand Martin Romualdez said on Monday after a closed-door meeting with oil company executives.
"If you are part of the solution, Congress will be very appreciative and supportive of you. But if you are part of the problem, we might have to undertake measures that would be unpalatable to you," Romualdez said in a statement.
"I hope we can work together to help our people," he added.
On Tuesday, oil companies are expected to raise fuel prices again - gasoline fuel by P2 per liter, diesel by around P2.50 per liter, and kerosene by P2 ...
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Romualdez urges oil firms to help address price hikes