Live Breaking News & Updates on Deputy Minority Leader Stella Luz

Stay updated with breaking news from Deputy minority leader stella luz. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Proposed changes to oil deregulation law to benefit Filipinos

Proposed changes to oil deregulation law to benefit Filipinos
radyonatin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radyonatin.com Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , Baguio City , Davao City , Juan Miguel Macapagal Arroyo , Vilma Santos , Sergio Dagooc , Rodante Marcoleta , Stella Luz Quimbo , Edgar Chatto , Rodrigo Roa Duterte , Carlos Isagani Zarate , Department Of Energy , Committee On Energy , House Committee On Energy , Oil Industry Deregulation , House Committee , Downstream Oil Industry Deregulation Act , Republic Act , House Bill , House Resolution , Deputy Speaker Vilma Santos Recto , Bayan Muna Party List , Deputy Speaker Rodante Marcoleta , Deputy Minority Leader Stella Luz , Platts Singapore ,

Proposed changes to oil deregulation law to benefit Filipinos

(File photo) MANILA - The chairman of the House Committee on Energy on Wednesday said the proposed amendments to the Downstream Oil Industry Deregulation Act would help Filipino consumers, particularly the poor and vulnerable, to cope with the surging fuel prices. Pampanga Rep. Juan Miguel Macapagal Arroyo said the panel-approved bill that would amend Republic Act 8479 would prevent oil companies from raising prices of old stock and require oil players to increase their minimum inventory to prevent fluctuations in local fuel prices. Arroyo said fuel prices continued to soar amid the Russia-Ukraine conflict that disrupted global oil supply, subjecting local fuel prices to weekly changes reflecting the "highly volatile geopolitical situation" in Eastern Europe. "Any large adjustment in oil prices makes it difficult for businesses and consumers to adjust quickly, thereby causing disruptions," Arroyo said in an interview. He said among the main reasons why the oil indus ....

United Arab Emirates , Baguio City , Davao City , Juan Miguel Macapagal Arroyo , Vilma Santos , Sergio Dagooc , Rodante Marcoleta , Stella Luz Quimbo , Edgar Chatto , Rodrigo Roa Duterte , Carlos Isagani Zarate , Department Of Energy , Committee On Energy , House Committee On Energy , Oil Industry Deregulation , House Committee , Downstream Oil Industry Deregulation Act , Republic Act , House Bill , House Resolution , Deputy Speaker Vilma Santos Recto , Bayan Muna Party List , Deputy Speaker Rodante Marcoleta , Deputy Minority Leader Stella Luz , Platts Singapore , Ile Photo Manila The Chairman Of House Committee On Energy Wednesday Said Proposed Amendments To Downstream Oil Industry Deregulation Act Would Help Filipino Consumers ,