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Lawmaker mulls people’s initiative vs oil deregulation law 08/31/2011

Wednesday, August 31, 2011

Lawmaker mulls people’s initiative vs oil deregulation law

08/31/2011
Bayan Muna Rep. Neri Colmenares yesterday called on consumers to launch a people’s initiative to repeal the Oil Deregulation Law considering that it has caused so much price increases in oil products and has not served its purpose of lowering its cost.

This will be a parallel initiative to Congressional action on bills filed by Bayan Muna and the progressive block in Congress to repeal the Oil Deregulation Law.

“It is about time the people take “the law into their own hands,” said Colmenares. “Actions within and outside Congress could help push the eventual repeal of the law that has allowed spiralling fuel prices in the country.”

Colmenares said that “an “Initiative” is the power of the people to propose amendments to the Constitution or to propose and enact legislations through a petition of 10% of the registered voters.”.... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/metro/20110831met3.html

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