MANILA, Philippines - A commuters' group believes it's high time to reduce transport fares. Surprisingly, at least one jeepney group is not opposed to the idea.
Tuesday's rollback in petroleum prices is already the 12th for the year, bringing the average price of gasoline to just a little over P47 a liter and diesel to a little over P38.
This has prompted more commuters to clamor for a fare rollback in public utility jeepneys (PUJs).
The National Council for Commuters Protection (NCCP) is now preparing to file a jeepney fare rollback petition with the Land Transportation Franchising and Regulatory Board.
They are convinced it is about time for the minimum jeepney fare to go back to P7.50.
"Sa monitoring namin, P37 na ang diesel, bababa pa yan," said NCCP President Elvira Medina.
Transport group Pasang Masda is not opposed to the proposal.
"Umaasa po tayong susunod ang ibang transport groups sa hakbang ng Pasang Masda," said group official Obet Martin.
However, if fares are likely to go down soon, the chance of commodity prices going the same direction is not yet likely.
"Impact ng petrolyo, maliit lang. Less than 1 percent," said Department of Trade and Industry (DTI) Secretary Gregory Domingo.
In fact, prices of certain items have even gone up.
The price of a brand of sardines rose by 50 centavos, and sugar is now more expensive by P2 per kilo.
Prices of produce like fish and vegetables are also fluctuating.
"Weather is a big factor," Domingo said.
The DTI has assured that that all prices will remain within a reasonable range. - report from Zen Hernandez, ABS-CBN News; ANC