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Marcos announces bigger fuel price rollback next week

Published Apr 18, 2026 06:12 pm
PCO Screenshot
PCO Screenshot

President Marcos on Sunday announced a larger fuel price rollback next week, saying the reduction will bring much-needed relief to Filipino consumers.

“Sa susunod po na linggo, may mas malaking bawas sa presyo ng langis (Next week, there will be a bigger reduction in oil prices),” the President said in a video message on Saturday, April 18.

He said diesel prices will go down by about P24.94 per liter, gasoline by P3.41, and kerosene by P2.

“Mas malaki ito kaysa sa rollback nung nakaraang linggo (This is bigger than last week’s rollback),” Marcos said.

“Malinaw ang ibig sabihin nito para sa ating lahat: May ginhawang parating (The message is clear: Relief is coming),” he added.

Marcos called on oil companies to implement the rollback properly and without delay.

“Ipatupad ninyo ang rollback nang buo, tama at walang pagkaantala (Implement the rollback fully, correctly, and without delay),” he said.

“Ibigay ninyo sa taumbayan ang dapat naman na nasa kanila (Give the public what is rightfully theirs),” he added.

The President said government agencies are ready to act on complaints against possible violations.

“Bukas ang ating tanggapan at ang Department of Energy (DOE) para sa inyong mga reklamo (Our offices and the Department of Energy are open for your complaints),” he said.

“Kung may paglabag… kikilos kami kaagad (If there are violations… we will act immediately),” he added.

The President stressed that the rollback should translate to real relief for the public.

“Ang bawat sentimo… ay dapat maramdaman ng bawat Pilipino (Every cent of reduction must be felt by every Filipino),” he said.

He added that reducing time spent in queues and travel is also part of easing daily burdens.

“Alam naman namin kung gaano kahalaga ang oras ng bawat kababayan natin (We know how important time is for every Filipino),” Marcos said.

“Ang bawat oras natin ay dapat ginugugol sa ating pamilya, sa eskwela, sa trabaho — hindi po sa nakapila (Our time should be spent on our family, school, and work — not on long lines),” he added.

Fuel discounts, subsidies continue

President Marcos said the government will continue providing P10 fuel discounts for public utility vehicles and buses.

He added that the service contracting program for PUV drivers also remains in place.

License, registration extensions

Marcos also announced a three-month extension for the validity of expiring driver’s licenses, student permits, and vehicle registrations.

“Kung mag-e-expire ngayong buwan… magiging valid pa rin ’yan hanggang July (If it expires this month… it will remain valid until July),” he said.

He noted that no penalties or surcharges will be imposed during the extension period.

The extension also covers conductor’s licenses.

Continued relief measures

The President said the rollback is part of broader efforts to ease the impact of high fuel prices.

“Batid namin ang sitwasyon ng bawat Pilipino (We understand the situation of every Filipino),” he said.

“Hindi tayo titigil… hindi natin hahayaan na ang ginhawang ito ay hindi makarating sa taumbayan (We will not stop… we will not allow this relief to not reach the people),” he added.

Related Tags

President Marcos Bongbong Marcos Rollback Oil price rollback oil crisis energy crisis
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