Petron To Hike Fuel Prices Anew After PBA Semis Loss

MANILA, Philippines — Petron has announced another oil price hike, its fifth since the start of the year, after losing to Talk N Text Tropang Texters in last night’s Game 7 of the Philippine Basketball Association Semifinal Series.

The Texters squeezed out a 92-91 win over the Petron Blaze Boosters to complete a dramatic fightback from the jaws of defeat and get a shot at back-to-back PBA Philippine Cup championships.  (via PBA.ph)

Talk N Text will face the Powerade Tigers, this Friday,  for Game 1 of the best of 7 Championship series. The Petron Blaze Boosters will face Rain or Shine in a game of battle for third place.

Petron wanted to buck the trend in blaming unrest in the Middle East as the reason for increasing their oil prices and is also skipping the usual peso-dollar exchange rate reasoning this time around.

In a press statement released to the media, Petron Corp. stated that “In light of last night’s 1 point defeat, we are hiking our prices for regular and diesel fuel to P1.00 per gallon, as well as a P1.00 per kilo increase in our liquefied petroleum gas (LPG) products. If we win the battle for third game against Rain or Shine, we might roll it back. But if we lose that game as well, expect another announcement from us”

Just the other day, transport groups demanded a fare hike after last Tuesday’s price hike and threatened to go on strike if their demands are not met by the government. They reiterated that the government’s Pantawid Pasada program is not a long term solution, but only a “quick-fix” to the ballooning oil prices. Driver’s complained that the monetary load inside the cards gets depleted immediately after only getting a full-tank of gas.

The government’s “Pantawid Pasada” program was created last year to provide a subsidy for the public transport sector, amid soaring oil prices. “Pantawid Pasada” cards were distributed to qualified jeepney drivers, who would be able to avail of fuel discounts. (via ABS-CBN News)

Meanwhile, Talk N Text management has announced that they would comply “honestly” to the National Telecommunications Commission’s order of lowering SMS interconnection fees, IF they win the PBA Championships.

The admission was made because of a slip-of-the-tongue made by corporate management, due to their excitement in advancing to the finals.  Inside the locker room, a company bigwig, who wished to remain anonymous, let slip of the the fact that they have been fooling with the NTC and the public all along.

Gaya ng ibang network, palagi naming sinasabi na mababa na and text rates namin, specifically pag naka unli-text ka. Pero ang hindi nila alam, lugi sila (consumers) kasi ang load nilang P25 na kinonvert sa unli-text eh may expiry ng 1 araw lang. Technically, mas mababa pa nga kami sa 80 centavos na inuutos ng NTC, pero pag hindi ka naka “unli”, piso pa din ang kaltas sa load mo. Talino namin noh? (Like other networks, we always reiterate that our text rates has gone down. Specifically if you are under our unli-text promo. But what the public doesn’t know is that they are being shortchanged, because their load of P25 when converted to unli-text have will expire in 1 day. Technically we are even lower than the 80 centavos that was orderd by the NTC, but if not under “unli”, a peso is still deducted to your load, per text. Aren’t we the best?” quipped the bigwig nonchalantly.

Kaya mga katropa, ipagdasal nyo na manalo kami para hindi na kayo dehado sa load nyo! (Pray that we win so that you will not be at a disadvantage when it comes to your load!” shouted an unidentified player.

Here’s hoping that the Talk N Text will win the series. Although for different reasons.

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