DTI: Fuel subsidies dealt within 2 days; Diesel up by 40c/liter, gasoline by 20c

Transportation Secretary Jaime Bautista said the subsidy will help PUV drivers and operators following nine straight weeks of oil price increases.

Bautista said the beneficiaries of the fuel subsidy program include 6,000 modernized jeepney operators, 150,000 jeepney drivers and operators, 500 modernized UV Express operators, 20,000 utility van express operators, 930,000 tricycle drivers and operators, and 150,000 food delivery riders, among others.

“We are constantly talking with oil firms, but you know this is a global thing so it’s a common concern,” Energy Secretary Raphael Lotilla said when asked for comment on the successive weekly oil price hikes.

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