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House continues to find ways to boost energy industry

(PNA file photo by Ben Briones) MANILA - The House Committee on Energy, chaired by Pampanga 2nd District Representative Juan Miguel "Mikey" Macapagal Arroyo, has passed important laws to ensure adequate and affordable power and fuel in the country, while continuing to find ways to further improve the local industry and economy. In a statement on Sunday, Arroyo said aside from the proposed amendments to Republic Act (RA) 8479 or the "Downstream Oil Industry Deregulation Act of 1998", his committee has tackled and approved several important pieces of legislation that will further develop, upgrade and modernize the local energy sector. RA 8479 removed government control on the pricing of petroleum products allowing market forces to dictate oil prices. The Committee on Energy is one of the largest in the House of Representatives, as it has 65 members including the chairperson and nine vice chairpersons. The committee has general and exclusive jurisdiction over all matte ....

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