The Daily Tribune
Jeepney drivers optimistic on bigger fuel subsidy
Jeepney drivers are seeking an increased fuel subsidy from the government in anticipation of a significant oil price hike this Tuesday.
The Department of Transportation (DOTr) is preparing to distribute a P2.5 billion fuel subsidy package immediately.
Driver Ariel Suzon expressed that previous subsidies around P4,000 might be insufficient if price hikes continue.
Details regarding the distribution schedule and the exact amount per driver are still unclear.
If fuel prices continue to escalate, drivers may push for a P5 increase in the minimum jeepney fare, from P13 to P18.
In response to a call from the Department of Energy (DoE), independent oil companies have agreed to stagger the upcoming oil price hike in two phases, with the first increase on June 24 and the second on June 26.
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The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are preparing to distribute fuel subsidies to public utility vehicle (PUV) drivers and operators.
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President Ferdinand Marcos Jr. confirmed the government is preparing fuel subsidies for public utility vehicle (PUV) drivers and other sectors potentially affected by oil price hikes due to escalating Middle East tensions.
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