IF the country is to survive the current spike in commodity prices led by oil, it should resort to oil stockpiling instead of reviving the Oil Price Stabilization Fund (OPSF), given the expected fiscal challenge of managing such a fund. This is the recommendation of a Philippine Institute for Development…
Senatorial candidate Herbert “Bistek” Bautista on Thursday said he supports the call for Congress to review the country’s oil price mechanism, noting how prices of fuel are being defined especially in the oil industry. Bautista made the call amid threats of more price increases as a result of th
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