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Transport Groups Dismiss P1 Fare Hike Amid Fuel Price Concerns
Photo: gmanetwork.com
2026-07-18 23:48   Economy   10

Transport Groups Dismiss P1 Fare Hike Amid Fuel Price Concerns

Public transport groups have dismissed the proposed P1 fare increase for public utility vehicles (PUVs), arguing that it would not adequately address the rising fuel costs expected due to geopolitical tensions between the United States and Iran.

The Land Transportation Franchising and Regulatory Board (LTFRB) recommended the fare hike to the Department of Transportation (DOTr) following projections of a significant surge in diesel and gasoline prices.Industry sources estimate diesel could rise by P11 per liter and gasoline by P4 per liter.

Transport leaders like Mar Valbuena of Manibela called the increase 'long overdue' but emphasized it remains insufficient for drivers struggling with escalating operating expenses.Jeepney drivers reported that nearly all their earnings go to fuel costs, with some warning they may stop operating if prices continue to climb.

LTFRB Chairperson Vigor Mendoza II noted the P1 hike would be manageable for commuters but acknowledged it alone wouldn't offset fuel price impacts.The government is pushing to expand a P10-per-liter fuel discount program to include more transport modes, though access remains limited.Transport groups urged broader participation in the discount to alleviate financial strain on drivers.

Full reading at gmanetwork.com

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