00:00 Some people are now affected by the high price of oil since 2024.
00:10 Will they flee to the high seas?
00:13 Because of that, Joseph Moro is on the tip of his tongue.
00:15 It's 4 am and Joven is still on the road.
00:22 He has already saved P750 for the boundary but he still doesn't have food.
00:27 He spent P400 on diesel which is P50 today.
00:32 He also bought the product of oil.
00:34 I spent P600 on food.
00:40 It's heavier for the drivers of minibus in the modern jeepney
00:44 from P2,500 to P2,800 for four trips yesterday.
00:51 That's why Norbert doesn't have P4,000 for the boundary.
00:55 We only have enough food for the family.
01:02 P1,800.
01:05 For every high price of diesel and gasoline,
01:08 it means less income for the drivers of public vehicles.
01:12 This year alone, diesel and gasoline have already increased five times.
01:17 According to the GMA Integrated News Research,
01:21 the price of gasoline increased by P5 from January
01:26 and by P4 for diesel.
01:28 Even if the income is reduced,
01:30 some drivers who I talked to are not able to find a solution for the high price of diesel and gasoline.
01:34 The passengers are not able to pay the right amount.
01:37 Some are paying P3,000 and some are paying P10,000 or P12,000.
01:43 It's hard.
01:45 It's hard.
01:46 That's why they need to lower the price of crude oil.
01:51 According to the Department of Energy,
01:53 the reason for the price of crude oil in the world market
01:55 is that there's no increase in the price of crude oil in the past five weeks.
01:58 The Organization of the Oil Exporting Countries in OPEC
02:02 felt that the production of crude oil is being reduced
02:04 even though the price of crude oil is going down.
02:07 Next week, we have a chance to get a decrease.
02:11 But please, if the December and January are disappointing,
02:15 maybe they will recover in February.
02:17 That will be a surprise.
02:20 For GMA Integrated News, Joseph Morong, for Tutok Tlilinit.
02:25 For more information, visit www.gmail.com
02:28 Transcription by ESO; translation by —
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