This issue obviously affects me personally (I am at risk of losing my job if the refinery closes down) but it also affects all of you. Fuel shortage will bring fuel prices up which will eventually cause other commodities to increase prices too. Double taxation favors importers over manufacturers - if there are less factories, that means lesser job opportunities especially for new graduates.
I invite you to read the article below for your own sake, speak out your opinions - I will respect them. If you have more questions or clarifications, you may ask it here and I will try my best to answer them for you...
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*As published by Pilipinas Shell Petroleum Corp. in the February 16, 2010 issue of The Philippine Daily Inquirer (A-7) and The Philippine Star (A-11)Recently, the public has heard of the issue regarding alleged non-payment by Pilipinas Shell Petroleum Corporation (PSPC) of excise taxes for imports of Catalytic Cracked Gasoline (CCG) and light catalytic cracked gasoline (LCCG), amounting to Php 7.35 billion for the years 2004-09. To correct the misleading, inaccurate and wrong statements that have been made regarding this case, PSPC would like to provide the public the facts of the case: