Oil price hike enough to suspend gasoline, diesel excise tax – Gatchalian

MANILA, Philippines – Senate President Sherwin Gatchalian urged economic managers to suspend, even temporarily, the excise tax on gasoline and diesel amid the continuous increase in petroleum products. “The economic managers should reconsider suspending the excise tax on gasoline and diesel, even if only temporarily, because oil prices have reached over $80 a barrel again