This week, the masses are facing a new round of big time fuel prices for diesel as much as P6.30 - P6.60/per liter. With no fare increase in sight, the jeepney drivers are complaining.
The increase of prices cover: pan de sal, meat products, condiments, other bread products. The price increases are caused by increase in cost of inputs: transportation, the Ukraine Russia war, adjustment in GP. All ready certain businessmen are getting bad vibes about business in USA like Jamie Dimon of JP Morgan, and Ellon Musk of Tesla (who called for cuts in staffing and hiring)
What are some of the solution to the fuel price increase:
1. Appeal by drivers to those who do not pay their fare, or do not pay the right amount;
2. Request by driver to operators to reduce boundary from P500. to P450. (a 10% decrease)
3. Elimination of excise taxes. It looks like a no go option because the govt will lose about P200 billion
in revenues. A huge loss
May be this is the right time to fast and be fit:
1. Walk do not ride;
2. Reduce food intake
3. Look for alternatives for your present food choices
