IKOT.PH
Senator Erwin Tulfo renewed his call to fast-track Senate Bill No. 641, a measure aimed at amending the decades-old Oil Deregulation Law (RA 8479). Co-authored with Senator Win Gatchalian, the bill seeks to mandate transparency by empowering the Department of Energy (DOE) to compel oil companies to disclose the actual costs of imported fuel. In […]
“Filipinos are at a disadvantage because of this existing Oil Deregulation Law.” This was the statement of Senator Erwin Tulfo in an interview pressing on the seemingly arbitrary spike in oil prices in the country amid the Middle East tensions. “The government is limited by the law from controlling or dictating oil prices.” “The government […]