Malacañang has urged the public to avoid “fear mongering” as oil prices rise, assuring the situation remains under control.
Palace Press Officer Claire Castro said the government is closely coordinating with oil firms through the Department of Energy to cushion the impact on consumers.
“Let us refrain from doing activities like fear mongering… ang Pangulo at ang gobyerno ay still under control, in control of the situation,” said Castro.
She added Congress is working on a measure that would allow the President to adjust fuel taxes to help ease the burden of rising oil prices.
“Ngayon ay binabalangkas at gagawing batas ang pagbibigay ng kapangyarihan sa Pangulo para mabawasan ang karagdagang buwis sa mga produktong krudo or fuel,” according to her.IMT
