Tag page - Oil Deregulation Law

When asked how he would respond to the economic effects of Russia’s invasion of Ukraine, labor leader and presidential candidate Leodegario “Ka Leody” De Guzman proposed the reversal of the long-maligned Oil Deregulation Law. De Guzman also condemned Russia’s ongoing attacks on Ukraine,...

Amid the runaway increases in pump fuel prices, Gabriela Party-list Rep. Arlene Brosas issued a challenge to the candidates vying for the Palace seat in the upcoming 2022 polls: reverse the Oil Deregulation Law. "Kahit bali-baligtarin ang usapin ng taas-presyo ng langis, Oil Deregulation Law pa rin...

The government is not pleased with the latest round of price increase of petroleum products during the coronavirus pandemic but appeared helpless in preventing the spike. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) Presidential spokesman Harry Roque acknowledged that oil prices are driven by world...

Filipino consumers will need to brace for increase in diesel prices next week that may range from P0.35 to P0.45 per liter; while kerosene prices may go up from P0.20 to P0.30 per liter. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) For gasoline products, based on the initial calculation of the oil...

To sort out pricing The Department of Energy (DOE) is pushing for new amendments to Republic Act 8479 or the Downstream Oil Industry Deregulation Act – and the specific agenda this time is to define “fair pricing adjustment” at the retail pumps. In a budget hearing in Congress, DOE Assistant...