Rep. Erwin Tulfo, maghahain ng panukala para ibasura ang umiiral na Oil Deregulation Law
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00:00 Along with the new high price of petroleum products, House Deputy Majority Leader Erwin Tulfo called for the destruction of the existing oil deregulation laws in the country.
00:13 In a plenary session yesterday, Tulfo said that he is formally going to eat.
00:19 How will this end to solve the current oil price problem?
00:26 Under the law, which has been passed for more than two decades,
00:30 the government has given the power to oil companies to dictate the price of gasoline and other oil products
00:39 so that Tulfo can abuse his authority.
00:43 Other congressmen also expressed their support for Tulfo.
00:50 The people are naive, or they are naive in the streets, in passing this law because we believed back then
01:00 that oil companies will lower the price if the government does not control the price of petroleum products.
01:15 This is a mistake because instead of lowering the price,
01:20 big oil companies are now talking about how big and how much they will increase weekly.
01:30 I express my support for the privileged speech of our colleague from ACT-CIS, Representative Erwin Tulfo.
01:41 It is true that our citizens are really suffering in the ongoing increase of the price of oil.
01:52 [BOOM]