Think of it: At P50 per liter of gasoline, TRAIN accounts for only 5 percent of the pump price. That is certainly nowhere near deserving of blame for whatever spiking in the prices of basic goods is happening right now. In actual figures, that means the price per barrel of crude oil was recorded at $30 two years ago. But nowhere have I heard of workers in other countries demanding the doubling or more of their wages. No, the sky is not falling, no matter how badly those against the current government want it to.

Source: Manila Times May 29, 2018 16:18 UTC