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NewsTranscript
00:00The price reduction of some oil products is now effective.
00:05Because of that, the price of a liter of diesel here in Metro Manila will be more than Php 50 to Php 69.
00:14The price of a liter of gasoline is more than Php 54 to Php 82.
00:20And the price of a liter of kerosene is estimated to be more than Php 71 to Php 83.
00:27How much will be added to the income of some drivers due to the rollback of oil?
00:32Let's find out in the first live news of EJ Comments.
00:35EJ, do you have it?
00:41Maris, good news for motorists.
00:44The local company of Lagis has a top-price for oil products starting today.
00:53In the second week, the price of a liter of gasoline will go down again,
00:59while diesel and kerosene will be in the fourth week with a discount.
01:04According to oil companies, the price of a liter of gasoline will be reduced by Php 10.
01:10In diesel, it will be reduced by Php 20 per liter.
01:13While in kerosene, it will be reduced by Php 45 per liter.
01:17For Nestor, who left his previous job as a security guard to work as a tricycle driver,
01:22the price of a liter of gasoline will be reduced by Php 10 per liter.
01:26When the price of gasoline goes down, it's just a small amount.
01:28But when it goes up, it's a big amount.
01:32It's Php 2 per liter.
01:33It will also reduce our income.
01:35Because I also carry a lot of gas.
01:37He said that he earned Php 5 per liter while working all day,
01:41or Php 300 less than his income in one day.
01:45That's why he's just making up for the fact that he has to deliver goods to faraway places.
01:50According to the story of the 67-year-old tricycle driver named Tatay Jaime,
01:54he earns Php 800 per day from 4 a.m. to 3 p.m.
02:00He will reduce Php 120 for gasoline and Php 50 for snacks.
02:05He only brings Php 630 home to his family.
02:09It's not enough for the amount of expenses he spends every day.
02:12That's why the additional income of Php 30 less than the price of gasoline is okay for him.
02:18Moreover, he is taking medicine for his diabetes.
02:21It's a big thing for us.
02:23Of course, it will increase our income.
02:25Of course, we are husband and wife.
02:28We depend on our children.
02:31The same is the opinion of the tricycle driver named Silveriano.
02:35It will also help us.
02:37Because of our income, we only brought home that much.
02:40It's like that.
02:41So that we can reduce it.
02:42He said that Php 20 less than the price of gasoline is equivalent to Php 50 of additional income.
02:54Mariz, it's better for the passengers who are traveling here today
02:59that there is no more rain and flood here in Marikina.
03:03Earlier, we talked about the tricycle and jeepney driver.
03:06They both said the same thing about the oil price adjustments.
03:10They said that they only look at the price when there is a rollback.
03:13And they increase the price when the oil price is high.
03:17Their question now is, when will the price of oil products decrease by Php 1 or more?
03:25That is the first news from Marikina.
03:28EJ Gomez for GMA Integrated News.
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