Drivers in Bacolod City and Negros Occidental will effect another 50 centavos fare rollback effective Monday, December 1, 2008.
From P7.50, the fares will then be P7.00 for the first five kilometers.

The rollback, however, would still not reflect on the succeeding kilometers.

This was assured yesterday by Jessie Ortega, secretary general of United Negros Drivers and Operators Center UNDOC).

Ortega said they will impose the rollback even without any order from the Land Transportation Franchising and Regulatory Board (LT-FRB) because they already promised the said rollback. Their basis are the recent decrease of prices in petroleum products.

Ortega made the assurance although they aired their dissatisfaction on the price rollback implemented by the oil companies in the country.

UNDOC with other militant groups conducted yesterday a picket in front of the oil depots of Petron and Caltex in Barangay Banago.

They threw tomatoes at the gates of the oil depots to show their protest.

Ortega said that oil companies should impose additional P7.40 per liter rollback on the prices of petroleum products as the prices in the world market already went down to $45 per barrel from $145 per barrel. Unioil yesterday imposed a big rollback at P6 per liter for gasoline and P4.00 per liter for diesel.

Ortega said they want the government to look into the matter and pressure the oil companies to impose the real price rollback on petroleum products.*