Transport Group: Suspending Oil Excise Tax Is No Longer Sufficient Amid Soaring Fuel Prices
Melencio "Boy" Vargas, the national president of the Alliance of Transport Operators and Drivers Association of the Philippines (ALTODAP), has emphasized that simply removing the excise tax on oil is no longer adequate to address the crisis. This is due to the excessively high prices of petroleum products, which have placed an unbearable burden on drivers across the nation.
Record-High Fuel Prices in Metro Manila
In Metro Manila, the average price of petroleum products has now exceeded P100 per liter. Diesel and kerosene have recorded double-digit increases, driven by ongoing turmoil in the Middle East that has disrupted supply routes. The global market continues to see elevated oil prices, which are directly passed on to local levels.
Global Market Pressures
On March 30, 2026, the Brent crude oil benchmark surged further, following increases from the previous week. This persistent rise is attributed to geopolitical tensions affecting oil supplies, exacerbating the financial strain on consumers and businesses alike.
Impact on Public Transport Drivers
Jeepney and bus drivers are among the hardest hit, as current fare rates are insufficient to cover the soaring costs of crude oil. Vargas highlighted that consecutive mega oil price hikes implemented by oil companies in the country have made it increasingly difficult for drivers to sustain their livelihoods. The transport group calls for more comprehensive measures beyond tax suspensions to provide relief and ensure the viability of public transportation services.
