Protesters from various progressive groups staged the protest rally on Aurora Boulevard in Cubao, Quezon City, on Tuesday.
“Noong nakaraang linggo ay sinabi ng DOE [Department of Energy] na sapat ang supply ng langis sa bansa dahil may 30-day inventory ang mga oil refineries at 15-day inventory naman ang mga bulk importers. Nabili nila ang stocks nila bago pa ang nangyaring pag-atake sa oil industry ng Saudi Arabia ,” Reyes explained.
The militant group also tagged the DOE’s justification of the oil price hike as “frustrating,” saying the agency should probe the pricing methods of oil firms instead of being the first to surrender to market forces.
sweet jezuz, there was an attack on saudi aramco, i mean what do you expect?
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