MARKET SITUATION: Senator Mar Roxas, chair of the Committees on Economic Affairs and Trade and Commerce, and Senator Juan Flavier are being apprised by Trade and Industry Undersecretary Peter Anthony Abaya on the situation in the market due to the continued increase in oil prices and the effect of tropical storm Caloy during a hearing this afternoon (May 17, 2006). (Photo by: Romeo Bugante, SENATE-PRIB)