Solon blames Aquino for price increases

AN opposition lawmaker is blaming the government for the recent spikes in the prices of oil, power and water claiming that President Benigno Aquino 3rd could have stopped these unjust increases.

“Why should there be another big time oil price hike when oil companies have a buffer stock that was purchased when the price was much lower? Worse, oil prices are decreasing in the international market but it is increasing here,” Bayan Muna Rep. Neri Colmenares said in a statement.