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                    [Title] => Letter to the Editor  — Oil subsidy plan meaningless amid overpricing, deregulation
                    [Summary] => 


The proposal of Presidential Chief of Staff Michael Defensor to subsidize diesel products amid spiraling global oil prices is meaningless amid overpricing by oil companies and in an environment of deregulation. 


Independent think-tank Ibon Foundation said that government will just use taxpayers' money in order to protect the bloated income of giant oil companies while petroleum products remain high and exorbitant.


                    [DatePublished] => 2006-07-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Freeman Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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IBON CENTER

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                    [ArticleID] => 349288
                    [Title] => Letter to the Editor  — Oil subsidy plan meaningless amid overpricing, deregulation
                    [Summary] => 


The proposal of Presidential Chief of Staff Michael Defensor to subsidize diesel products amid spiraling global oil prices is meaningless amid overpricing by oil companies and in an environment of deregulation. 


Independent think-tank Ibon Foundation said that government will just use taxpayers' money in order to protect the bloated income of giant oil companies while petroleum products remain high and exorbitant.


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                    [ColumnID] => 133272
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abtest

Letter to the Editor — Oil subsidy plan meaningless amid overpricing, deregulation

July 25, 2006 - 12:00am

The proposal of Presidential Chief of Staff Michael Defensor to subsidize diesel products amid spiraling global oil prices is meaningless amid overpricing by oil companies and in an environment of deregulation....

Freeman Opinion