00:00A huge and impending hike of prices of gas at the pump is scheduled for Tuesday next week.
00:06Hence, the president anxiously awaits the legislature to do its part and imbue him with added powers
00:11to freeze the collection of excise taxes on fuel.
00:14To cushion the shock waves of a huge gas price hike next Tuesday
00:18as they wait for an official fare hike announcement as well.
00:22Our Bernard Ferrer has more.
00:26Before sunrise, June is already out driving his jeepney.
00:30He needs to sort earlier to earn enough to somehow recover from the impact of the big-time oil price
00:35hike.
00:36So when June learned that House Bill 8418 had been certified as urgent,
00:40granting President Ferdinand R. Marcus Jr. the authority to suspend or reduce excess tax on petroleum products,
00:46he welcomed the development.
00:47However, he also has a request.
01:00June's daily diesel expenses are already reaching nearly 2,000 pesos.
01:05Because of this, he believes that the fare increase is another way for drivers like him
01:09to somehow cope with the effects of rising oil prices.
01:12Meanwhile, the transport group Pasang Mazda believes that granting emergency powers to the president
01:18is important during times of crisis.
01:20They are hoping that it will be implemented immediately to help drivers affected by the rising cost of fuel.
01:26According to the group, the proposed fare increase would also greatly help the transportation sector.
01:47Pasang Mazda is looking at a possible 1 to 2 peso fare increase.
01:50If approved, the minimum fare for traditional jeepneys could increase to 14 to 15 pesos,
01:56while the minimum fare for modern jeepneys could reach 16 to 17 pesos.
02:00Because of this, Jackie said she plans to cut back on travel expenses to avoid the necessary trips.
02:07Pag-importante, saka lang ako umaalis.
02:09Pag-indi-importante, mami, hindi ka na umaalis sa inyo.
02:11Hindi po, ang gordo na lang.
02:13Nag-magtitipid eh.
02:14Opo, ipigit sobra.
02:16Meanwhile, DSWB Secretary Rex Gachulian and DOTR Secretary Lopez are scheduled to meet to discuss
02:22the possible provisions of cash relief assistance for public utility vehicle drivers affected
02:27by the oil price hike due to geopolitical tension in the Middle East.
02:31Bernard Ferrer from the National TV Network for new and better phobies.
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