30 April 2009
"If there is overpricing to the extent of P8, then let's hang these oil companies," says Department of Energy Secretary Angelo Reyes.
Kailangan pa bang umabot ng P8 ang overpricing?! Overpricing by whatever amount is overpricing!
This is the video clip courtesy of gmanews.tv:
Transparency is the only way by which we can be sure that there is no overpricing by these oil companies. A system should be set up in such a way that prices can be audited not only by the DOE, the BIR and the COA but also by the Filipino people themselves. As the people who bear the heavy burden of oil prices and the taxes that come with them, we should have an easy way to determine what the real prices of oil products should be.