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Unleaded and premium
gasoline has hit an all-time high at P60.50 per liter which took effect yesterday.
Gas
stations here have been increasing pump prices of premium, diesel and regular
gasoline over P1 per liter for several weeks now.
The
new round of increase has met sharp reactions from public utility passengers and
vehicle operators. | A
local organization of jeepney and bus operators are demanding the removal of the
12% expanded value added tax (EVAT) on petroleum and electricity to mitigate the
effects of weekly price hikes.
The
Nagkahiusang Drayber sa Bohol (NADBO-Piston) and Bagong Alyansang Makabayan (Bayan)
separately issued press statements vehemently urging the national government to
cancel the imposition of 12% EVAT.
The
groups cited figures that based on May 7 oil price levels, the E-VAT scrapping
would mean a roll back of PhP5.83/liter of unleaded gasoline; gas, PhP5.29/liter;
diesel, PhP4.98/liter; and liquefied petroleum gas, PhP68.83 per 11-kilogram cylinder
tank.
The
statement of Bayan-Bohol signed John Ruiz III said canceling the E-VAT on oil
products would also mean saving PhP150 per day for jeepney drivers; PhP23/day
for tricycle dirvers; PhP55/day for the fishermen; and PhP68/day for LPG users.
Ruiz
said scrapping the E-VAT is better than the government's effort to subsidize the
poor. | 
