Speaker Romualdez to oil players: Help ease impact of high fuel prices

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Speaker Romualdez to oil players: Help ease impact of high fuel prices
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'If you are part of the solution, Congress will be very appreciative and supportive of you. But if you are part of the problem, we might have to undertake measures that would be unpalatable to you,' Speaker Martin Romualdez tells oil players

MANILA, Philippines – House Speaker Martin Romualdez warned of “unpalatable” measures against key players in the oil industry should they fail to find solutions that would curb the impact of rising fuel prices on ordinary Filipinos.

“If you are part of the solution, Congress will be very appreciative and supportive of you. But if you are part of the problem, we might have to undertake measures that would be unpalatable to you,” Romualdez told big oil players. It remains to be seen how unappealing those measures are that the House would impose on oil players that would not heed Romualdez’s suggestion.

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