Jeepney operators will ask the government for a one-peso increase in minimum fares today amid spiraling fuel prices and rising
The petition, Pasang Masda group president Roberto Martin explained in a television interview, would ask for a provisional increase of more than P1 for the first four kilometers and a scaled increase for every succeeding kilometer.
The president of the Philippine National Taxi Operators Association, Emmanuel Jesus Suntay, said the Land Transportation Franchising and Regulator Board has yet to act on their request to raise the flag-down rate.The last time they were granted an increase was in 2017 when the price of gasoline was only P34 to P38 per liter. It now stands at about P68 a liter.
Seaoil Philippines, Jetti Petroleum, Cleanfuel, and PetroGazz issued separate advisories of the latest oil price hike. On Aug. 15, the oil companies raised the price of gasoline by P1.90 per liter, diesel by P1.50 per liter, and kerosene by P2.50 per liter.