SIX OUT OF TEN FILIPINOS WANT OIL DEREGULATION LAW REPEALED

IBON SURVEY

In the wake of weekly oil price hikes and skyrocketing pump prices, six out of ten Filipinos said they favored the repeal of the Oil Deregulation Law, according to the latest survey conducted by independent think-tank IBON Foundation.

Results of the April 2008 IBON survey showed that 58.6% of respondents said they agree with proposals to restore government regulation of the local oil industry and repeal the Oil Deregulation Act (RA 8479). The law, which was implemented in 1998, removed government control over the downstream oil industry.

The IBON nationwide survey was conducted nationwide from April 7 to 16, 2008 with 1,495 respondents from various sectors, using a multi-stage probability sampling scheme with a margin of error of plus or minus three percent.

Below is the tabulation of results of the respondents’ perception on returning government regulation on the oil industry.

Do you agree with the proposals to return government regulation on the oil industry and to repeal the Oil Deregulation Law?

January 2008 April 2008
Frequency Percentage Frequency Percentage
Yes 891 59.28 876 58.60
No 383 25.48 369 24.68
Don’t Know 218 14.50 235 15.72
No answer 11 0.73 15 1.00
Total 1,503 100.00 1,495 100.00

One Response to “SIX OUT OF TEN FILIPINOS WANT OIL DEREGULATION LAW REPEALED”

  1. ofel Says:

    what are the practicality issues on oil deregulation law?


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