Amid rising oil prices and inflation
Car owners and operators across the country have undoubtedly felt the effects of the increased fuel prices under the Tax Reform for Acceleration and Inclusion (TRAIN) law. According to the Department of Energy (DOE), the average cost of 91-octane gasoline as
Gasoline did more than pave the way for motoring
Standard Vacuum Oil Company of New York (Socony) was the pioneer petroleum firm in our country; in 1892, it started shipping in kerosene, which replaced whale oil to make lamp light. The product was sold under the name 'Petroleo Marca Gallo' (Cock
Is this a bad move?
The Philippine Department of Transportation (DOTr) has some pretty strong words for the Department of Energy (DOE) regarding its order to offer Euro 2 fuels again.In a statement released earlier today, the DOTr called DOE Department Order No. 002018-08-0012--
It's all about competition
Have you ever found yourself in line to fuel up at a gas station only to see that its rates are slightly different-whether cheaper or more expensive-than at your suki?No, global fuel prices didn't suddenly fluctuate while you
It's not cheap
Ever since the Tax Reform for Acceleration and Inclusion (TRAIN) package was passed into law, fuel prices across the country have skyrocketed. The race is ongoing to be the most frugal motorist (and manufacturer) in the land.For those of you out
There's a provision in the TRAIN law
Apparently, the Tax Reform for Acceleration and Inclusion (TRAIN) law has a provision which would "freeze" the additional excise taxes levied on fuel products in the event crude oil hits the $80 per barrel mark.Senator Ralph Recto pointed this out in
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    TGP Rating:
    /20
    Starts at ₱