Oil price hike hits hard in PH
By Kris Dueñas
@MelanthaKrasos (44)
Philippines
March 15, 2022 6:56am CST
It seems to me that as the Ukraine and Russian war comes to a point of no return, it has a far and wide cataclysmic effect. News outlets reported oil price hike especially in PH due to the ongoing war. I woke up to the price of 1 liter of gasoline amounting to 75 pesos. This price however is expected to reached to as much as 100 pesos. The volatile price of oil in the world market is not only affecting the transportation sector but is hitting hard the pocket of minimum wage earners and the poorest of the poor in the country as prices of basic commodities like rice, corn, bread, fresh, dried and canned fish and other marine products, fresh pork, beef and poultry meat are now skyrocketing. Is your country experiencing the same as well?
7 people like this
8 responses
@aninditasen (15746)
• Raurkela, India
15 Mar 22
Our country is experiencing the same condition. The common mans pocket has hit hard. Life has become difficult for all salaried class in India.
2 people like this
@franxav (13618)
• India
15 Mar 22
I agree. An increase in petrol and diesel prices makes everything costlier.
@aninditasen (15746)
• Raurkela, India
16 Mar 22
@MelanthaKrasos Yes, it is. Heaven knows when will the politicians understand this.
@allen0187 (58444)
• Philippines
15 Mar 22
We can thank our inept government for this situation.
They did not do enough to protect us consumers.
1 person likes this
@toniganzon (72279)
• Philippines
15 Mar 22
The whole world is experiencing the same. I’ve been reading about the oil price hike repeatedly in mylot since last week. Only tells how much it’s affecting the world.
1 person likes this
@MelanthaKrasos (44)
• Philippines
15 Mar 22
Right, it seems we have to get use to it and make the most of our situation.
1 person likes this
