PRICE FREEZE | DOE urges suspension of fuel price hike in typhoon-stricken areas
3 weeks ago
SEPTEMBER 18, 2018 — The Department of Energy (DOE) called on oil companies to put on hold the implementation of fuel price hikes in towns and provinces declared under a state of calamity (SOC), following Typhoon Ompong’s onslaught in Luzon over the weekend.
This includes the town of Mayoyao in Ifugao, as well as the provinces of Cagayan, Abra, Benguet, Kalinga, Ilocos Norte, and Isabela.
In a statement issued on Tuesday, Energy Secretary Alfonso Cusi emphasized the urgency of extending all forms of assistance in the aftermath of the typhoon.
“Now more than ever, we must put into concrete action the spirit of bayanihan which we Filipinos are known for,” said Cusi in the statement.
The Energy Department sent a message to oil companies, in a bid to appeal to their “social and moral responsibilities” to withhold the implementation of oil price adjustments in the typhoon-stricken areas.
DOE also reminded oil companies of the price freeze for household liquefied petroleum gas and kerosene products in said areas which is valid for 15 days upon the announcement of a SOC.
“The entire energy family continues to assure the public that it will find and implement all possible remedial measures that would assist our kababayans up North in rebuilding more resilient structures and facilities,” Cusi said.
As of this writing, Phoenix Petroleum has confirmed a price freeze on kerosene and household LPG as well as gasoline and automotive diesel oil products in their retail outlets located in SOC areas.