Villar expresses concern over fuel price hike, vows to support measures to lessen impact on Filipinos
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Pasay City — Senator Mark A. Villar has expressed his concern over the recent surge in oil and gas prices citing the impact it would bring to Filipino families nationwide.
“Alam natin na mabigat sa bulsa ng ating mga kababayan ang patuloy na pagtaas ng presyo ng langis at krudo. Kaya mahalagang mapag-aralan natin kung ano pa ang maaaring gawin ng pamahalaan upang mapagaan ang epekto nito sa ating mga mamamayan lalo na sa sektor ng agrikultura at transportasyon,” Villar said.
According to Energy Secretary Sharon Garin, fuel prices may increase by around P17 to P24 per liter in the coming days as global oil markets respond to rising geopolitical tensions, while the Department Agriculture warned that a prolonged escalation in the region could transmit higher fuel, fertilizer and freight costs to the Philippine farm sector.
Villar also noted warnings from the Bangko Sentral ng Pilipinas that a sharp rise in global crude oil prices could place upward pressure on inflation and affect the cost of transportation, electricity, and basic goods.
“Lahat po tayo ay apektado dito kaya suportado po natin ang mga karagdagang polisiya o programa na maaaring ipatupad upang maprotektahan ang kapakanan ng ating mga mamamayan,” he said.
Villar expressed his commitment to support measures that will help stabilize fuel prices, strengthen the country’s energy security, and ease the burden of rising fuel costs on Filipino families.