Oil firms in Philippines set biggest increase in fuel prices

Tricycle drivers, who depend on their meager daily earnings to feed their families, are among those feeling the pinch of rising fuel prices. -Philippine Daily Inquirer

MANILA (Philippines Daily Inquirer/Asia News Network): Local pump prices of gasoline and other petroleum products are rising at a pace never seen before and the Department of Energy (DOE) has warned consumers to brace for bigger increases.

The DOE on Monday (March 14) called on oil companies to help the public by continuing to provide discounts to motorists and staggering their increases.