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Unang Balita is the news segment of GMA Network's daily morning program, Unang Hirit. It's anchored by Arnold Clavio, Susan Enriquez, Ivan Mayrina, and Mariz Umali, and airs on GMA-7 Mondays to Fridays at 5:30 AM (PHL Time). For more videos from Unang Balita, visit http://www.gmanetwork.com/unangbalita.

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Transcript
00:00 We are back here in Litex, Quezon City. Earlier this morning, Oil Price Rollback was held. The oil company is a big company in gasoline. The rollback is 2 pesos per liter.
00:14 50 centimes per month per liter of diesel and 85 centimes per liter of kerosene. These rollbacks are in succession but especially in gasoline. This is the biggest.
00:25 If you add up the price of oil this year, it is still a net increase. In gasoline, it is a net increase this year.
00:37 So far, since May, the net increase is 7.25 pesos per liter. In diesel, it is still a net increase of 4.20 pesos. In kerosene, it is 1.65 pesos per liter.
00:53 So far, the net decrease is 6.25 pesos. The oil price rollback is a welcome and good news to our countrymen. But is this enough to have an impact on their livelihood?
01:08 Let's ask the direct affected by oil price hike and oil price rollback, just like our passionate taxi drivers.
01:17 Good morning. Good morning to you. Did you hear that we have a rollback?
01:25 Not yet.
01:26 The rollback in gasoline is 2 pesos. What is the effect on you? Is it big?
01:32 They will rollback once and then increase it three times.
01:36 It's a good thing.
01:38 It's a loss for us.
01:43 For example, the price of oil is 2 pesos per liter. Will this have an impact on your daily income?
01:52 Yes, it will. But what we want to happen is that they will lower the price until then, it will not increase.
02:02 The government is saying that this is a world market price, not just because we are raising the price. What can you say about this? What can you call on the government regarding the price of oil?
02:17 I will call on Bongbong Marcos to lower the price so that the drivers will be able to drive safely.
02:31 Just like here, we have been here for an hour and there is no passenger yet. If we will go around, we will run out of gas.
02:39 Let's talk to Manong Billy. He has been in line for a long time and there is no passenger yet.
02:47 And the traffic is also bad.
02:50 Yes, it's really bad. And our operators are not able to lower the boundary.
02:58 Bong Billy, thank you very much. Just like we mentioned, because the price of gasoline is still a net increase, especially this year,
03:09 our taxi drivers are still not able to feel the decrease because the price of gasoline is still higher than the previous year.
03:20 And we will be back here in LITEX where the commute of our countrymen is still low.
03:29 And of course, the price of the oil product, aside from the income of the people who are in transportation, ultimately, depending on where you are going,
03:38 will also have an impact on the transportation of our countrymen.
03:44 This is what we are continuing to monitor.
03:47 That is our first report. We will return to the studio from Quezon City.
03:51 (Continued in the next episode)

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