Fidel V. Ramos, the country’s 12th president who implemented comprehensive economic reforms, passed away at the age of 94 on Sunday. Ramos’ death last Sunday was confirmed by his family through a brief statement. They did not indicate the cause of his death. “We thank you all for respecting our…
Representatives of the Social Amelioration and Genuine Intervention on Poverty (SAGIP) Party-list introduced what they called “10 Power Bills” in the 19th Congress to alleviate poverty by addressing the country’s energy crisis.
SAGIP Party-list Reps. Rodante Marcoleta (left) and Caroline Tanchay
(PNA file photo by Avito Dalan) MANILA - The Department of Energy (DOE) on Tuesday proposed that mechanisms of Republic Act (RA) 8479 or the Oil Deregulation Act be provided with a framework for the government to intervene and address sudden or prolonged oil price hikes, including unbundling the cost of petroleum retail products to determine their real and passed-on costs During the Senate Committee on Energy's consultative meeting with oil industry stakeholders, DOE Undersecretary Gerardo Erquiza Jr. recalled that Secretary Alfonso Cusi previously issued Department Circular 05-0008 series of 2019 requiring the unbundling of oil prices for its data gathering and policymaking function. Upon the opposition of oil industry players, Erquiza said the circular was subjected to an injunction by the courts despite the DOE's argument that the "unbundling policy" is not violative of the RA 8479. "That is why we want this to be incorporated in the law para may ngipin ito at
P100 per liter of gas? DOE says that s unlikely philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.