Bautista Seeks Public Transport Inventory for Efficient Aid Distribution – Manila Bulletin
Senate candidate Herbert “Bistek” Bautista on Thursday called for an inventory of public transportation in the country to include the number of public utility vehicles, operators, drivers, and other transportation franchise holders to ensure more distribution. effective financial assistance to cushion the impact of soaring oil prices.
“If we have a list of them, we would know how many people we can help in the transportation sector,” Bautista said in a statement.
Bautista noted that the Land Transportation Franchising and Regulatory Board (LTFRB) already has a list of private and public utility vehicles.
“Even the delivery trucks, there is a list for those, they get franchises. School buses, tourist buses. There is a list of those from the LTFRB,” said Bautista, a former mayor who is now running for senator in the May 2022 election.
He said an inventory would help facilitate the efficient distribution of grants that have been approved by President Duterte.
But he stressed that the subsidies would only be short-term solutions to the current volatility in oil prices caused mainly by the war in Ukraine and the supply chain problems still resulting from the Covid-19 pandemic.
He also said that a subsidy of 500 or 600 pesos could provide temporary relief, but that a longer-term solution, such as capping prices by buying the oil company Petron, would be ideal.
Bautista reiterated that it would be better to buy Petron so that the government can compete with private oil suppliers when prices become unstable.
Earlier, Senate candidate UniTeam urged the public to prepare for continued volatility in oil prices as suppliers were likely to hoard their inventory to drive up prices.
Bautista said oil prices are now dictated by the ongoing war in Ukraine, the impact of the pandemic and supply chain issues.
“Because we are just recovering from the pandemic, oil production is still slow and there is a possibility of hoarding by oil producers around the world,” Bautista said.
“They will hoard to drive up prices like what happened in the 1970s,” Bautista said, referring to the global energy crisis when oil shortages affected international markets.
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