Editorial: So there’s no cartelization?-A A +A
Wednesday, August 28, 2013
IT’S too good to be true.
At the height of inquiries left and right into the oil price disparity in Negros Occidental and Bacolod City, Negrense and Bacoleño motorists were shocked to learn and to benefit from the actual fuel prices that have decreased since Sunday yet.
Is there really no case of cartelization as far as oil prices in the province and city is concerned?
Media reports had it that in not few instances, the pump prices of major oil companies reflected the same scales and data. Are there really no talks between and among the oil players in the province and city?
And if there is no cartelization, why is there a sudden decrease in oil prices?
Are the local oil players afraid that they be summoned to a congressional inquiry should there be any need for one?
Or are they apprehensive of the move to be undertaken by the Department of Energy, which is now keen on probing into this disparity that happens only here in the city and province.
Had this anomaly not been unearthed, the ordinary consumers, especially motorists, would have been prejudiced by the treachery and lies of some businessmen who have only profit in mind, and not showing any concern for fair play and public accountability.
Considering that the public has a great stake in this oil price disparity issue, with more reason that even with the unannounced decrease in prices in the city and province, heads must roll if need be.
Local oil players, including distributors and scheming businessmen, must answer for the immorality and illegality of their motives and actions.
Published in the Sun.Star Bacolod newspaper on August 29, 2013.