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PRESS RELEASE
Information Bureau
Communist Party of the Philippines

CPP expresses political support to nationwide strike against oil price increases
November 24, 2004

The Communist Party of the Philippines (CPP) today expressed "full political support" to tomorrow's planned nationwide transport strike and demonstrations against unabated increases in prices of petroleum products.

CPP spokesman Gregorio "Ka Roger" Rosal said that tomorrow's planned protest actions are "necessary in order to express the people's utter disgust over the collusion between the Arroyo regime and the foreign multinational oil companies in pushing the retail prices of oil products to oppressively high levels."

"Launching a transport strike supported by the broad masses is the only way to compel the oil companies to reduce oil prices. Oil companies would not voluntarily roll back their prices," added Rosal.

Rosal lambasted foreign multinational oil companies for "making superprofits at the expense of ordinary Filipino consumers." He said oil companies exploit the recent increases in the price of crude oil.

"In fact," Rosal added, "oil companies carry out inter-company trade. These companies engage in oil extraction and buy crude from their own mother companies. They earn great profits from every increase in the prices of crude oil. They earn greater profits when they oppress consumers with increased retail prices."

Rosal said that the demand to scrap the oil deregulation law was "fully justified." The oil deregulation law, he added, has allowed oil companies to increase oil prices at will.

Meanwhile, Rosal warned the Arroyo regime, the Armed Forces of the Philippines (AFP) and the Philippine National Police (PNP) against carrying out violent dispersals of mass protest actions.

Rosal reiterated that Red fighters of the New People's Army (NPA) do not participate in mass actions and warned the AFP and PNP against using the "NPA bogey" to justify the violent suppression of people's protest demonstrations.

Reference:
Anne Buenaventura
Media Officer
Cellphone Number: +63910-240-3553



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