At least two senators have filed the measure seeking to grant President Ferdinand “Bongbong” Marcos Jr. the authority to suspend or reduce fuel excise tax in response to the Middle East conflict. Sen. Joel Villanueva filed Senate Bill No. 1922, which authorizes the President, upon the...
Citing the mounting burden on small farmers, the Kilusang Magbubukid ng Pilipinas (KMP) on Tuesday, March 3, denounced the latest oil price hike and urged the government to provide urgent subsidies as Middle East tensions threaten to push global crude prices even higher. KMP said oil firms...
Government officers and the public were encouraged by President Marcos to save energy by using public transportation and carpooling amid expected oil supply disruption caused by the conflict in the Middle East. In a press conference on Tuesday, March 3, Marcos has appealed to private car owners to...
Vice President Sara Duterte is asking the public to refrain from conducting protests through motorcades and caravans and called on the local government units (LGUs) to ban such activities in order to save fuel amid the ongoing conflict affecting worldwide oil supply in the Middle East. Duterte...
Senator Francis “Chiz” Escudero on Tuesday, March 3, urged the Department of Energy (DOE) to put in place a mechanism that would help cushion the possible impact of the Middle East tension on the prices of petroleum products in the country. Escudero pointed this out as the escalating tension in...
While President Marcos gave an assurance that the Philippines has ample supply of oil amid the Middle East conflict, he bared plans to ask the Congress to grant him an authority to reduce excise tax on petroleum products should prices exceed $80 per barrel. Marcos made the statement in a press...
Senator Joseph Victor “JV” Ejercito on Monday, March 2 called on lawmakers to expedite the passage of the bill mandating the automatic suspension of excise taxes on petroleum products. Ejercito made the call in light of the ongoing conflicts in the Middle East involving the United States,...
Senators urged the government on Sunday, March 1, to help keep oil prices in check following the United States and Israel’s attack on Iran. Senator Francis “Kiko” Pangilinan said the government should exhaust all efforts at keeping oil prices at bay as geo-political tensions in the Middle...
A Roman Catholic bishop has called on newly appointed Department of Environment and Natural Resources (DENR) Acting Secretary Juan Miguel Cuna to make the agency’s leadership transition meaningful by delivering long-overdue justice to communities hit by the oil spill in the Verde Island Passage...
CAMP MIGUEL MALVAR, Batangas City – Police arrested six individuals for allegedly pilfering oil in Barangay Puting Bato West, Calaca City, Batangas on Friday, Feb. 6. Calaca City police caught a driver and five helpers in the act of moving diesel and gasoline from an oil tanker truck into several...
The Philippine Coast Guard (PCG) is investigating a possible oil spill off Agno Bay in Pangasinan after oil traces were detected in the area where M/V Devon Bay, a Singapore-flagged cargo vessel, was last located. PCG spokesperson Captain Noemie Cayabyab said the oil sheen was seen during an...
Diesel and kerosene prices are set for another increase next week, while gasoline is expected to remain steady or see a slight rollback, based on four-day trading averages. Diesel costs could rise by ₱0.80 to ₱1 per liter, while kerosene may see a sharper increase of about ₱1.35$per liter,...
