As fuel prices are expected to spike by the last week of August, state-run think tank Philippine Institute for Development Studies (PIDS) maintained that deregulation remains the more viable policy path over reviving the Oil Price Stabilization Fund (OPSF). According to Adoracion Navarro, senior...
Government-run research agency Philippine Institute for Development Studies (PIDS) said the proposed revival of the Oil Price Stabilization Fund (OPSF) is not an effective mechanism to tame soaring oil prices petroleum pumps even as it cautioned the incoming Marcos administration not to fall into...
Following the massive spike in oil prices on Tuesday, March 8, Senate bet Harry Roque listed some short term, medium term, and long term measures that the government can follow to help mitigate the price surge's effects on consumers. Senate bet Harry Roque (FILE PHOTO) On March 8 , gasoline prices...
A ‘residual cash pool’ of P370 million from the extinct Oil Price Stabilization Fund (OPSF) have been remitted recently by the Department of Energy (DOE) to the national government so it can add up to the state’s budget for the coronavirus pandemic response....