Senator Win Gatchalian is calling on the government to extend the price freeze on kerosene and Liquefied Petroleum Gas (LPG).
Gatchalian said the 15-day prize freeze on kerosene and LPG imposed by the Department of Energy (DOE) should be extended especially when the enhanced community quarantine is expected to go beyond April.
“The DOE should extend the prevailing price freeze until the situation has normalized to ensure that all Filipinos are protected from any price manipulation during the entire enhanced community quarantine period,” Gatchalian said.
Oil companies decreased the price of LPG on March 2 by P3.90/kg or about P42.90/11-kg cylinder while kerosene prices decreased by P2.20/liter.
The senator also urged the DOE to be vigilant against traders who might take advantage of the ongoing crisis. He also calls on the public to immediately report pricing abuses to the DOE.
Oil companies are set to lower their oil prices to almost P2 beginning Tuesday (March 3) after crude prices drop in the global market due to the coronavirus threat.
Seaoil and Shell will implement their oil price rollbacks on Tuesday at 6:00 a.m. Their gasoline prices will drop by P1.40 per liter, diesel prices will drop by P1.60/liter while their kerosene prices will be reduced by P1.65/liter.
Petro Gazz will also lower their oil prices to P1.40/liter in gasoline and P1.60/liter in diesel.
Meanwhile, Cleanfuel and Phoenix Petroleum already implemented their reduced prices during the weekend. Diesel and gasoline prices in Phoenix Petroleum and Cleanfuel dropped by P1.60/liter and P1.40/liter, respectively.
Prices of Liquefied Petroleum Gas (LPG) in Petron also dropped on Monday (March 2) by P3.90/kilogram. Auto LPG, meanwhile, had its prices drop by P2.20/liter.—AAC (with reports from Grace Casin)
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