Heard the news about conflict in the middle east particularly Libya. They suddenly increase the price of oil which is not proper. Because they still have their resources which is buy when there is no conflict and price is being stable.
The worse case; is that when the oil price is increase. Commodities and other important goods will be increase also. Worse scenario, when oil price are going to normal. Price of goods and services will not be roll back.
This is how the law makers in the Philippines, being useless. They can't do something in this situation but only investigating and investigating.
There should be a law that when the oil price are rolled back. All prices of goods and commodities will be rolled back also. The law must be apply immediately as soon as the oil price will be normal in the world market.
This is the reason why poverty did not lessen but increasingly added daily. Due to no law protecting the right of the poor against businessmen arrogant and greedy
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