One Peso More: Jeepney Fare Hike Looms as Fuel Prices Surge
Commuters in the Philippines may soon feel a little extra pinch in their daily expenses as a one-peso increase in jeepney fares is expected to take effect next week. This adjustment comes as fuel prices continue to climb, putting pressure on both drivers and passengers.
Transport officials explained that the fare hike will be a flat one-peso increase for all jeepney rides, with no additional charges per kilometer for now. The decision was prompted by the steady rise in global oil prices, which recently crossed the $80 per barrel mark. According to the Land Transportation Franchising and Regulatory Board, this move aims to provide relief for jeepney drivers who have been struggling with higher operational costs.
Transport groups have long been pushing for a fare increase, saying it’s the only way to keep their livelihoods afloat amid expensive fuel and maintenance. They also assured the public that if oil prices drop significantly, fares could be adjusted back down.
Meanwhile, the fare hike petition for provincial buses is still under review. Any changes for these routes will be calculated based on distance, with adjustments for the first ten kilometers and extra charges for longer trips. Interestingly, city bus operators in Metro Manila have withdrawn their own fare hike requests, citing stiff competition from trains, modern jeepneys, and ride-hailing services. They worry that higher prices might drive commuters away.
The recent spike in fuel prices has been the highest so far this year, fueled by tensions in the Middle East and concerns over global supply. In response, the government is preparing a multi-billion peso subsidy program to help jeepney, bus, taxi, and delivery drivers cope with the rising costs.
As the country braces for these changes, both drivers and commuters are hoping for some stability in fuel prices—and in their daily routines.