MANILA – The Department of Energy (DOE) has issued show-cause notices to 55 gas stations after reports of steep fuel price increases, Energy Secretary Sharon Garin announced Monday, assuring the public that domestic fuel supply remains stable.
“Out of 87 reports we evaluated—26 from Metro Manila alone—we have directed 55 oil companies to explain within 24 hours why their permits should not be revoked,” Garin said during a press briefing.
Stations found in violation of pricing regulations could face permit cancellations by local authorities upon DOE recommendation.
Since last Friday, the DOE has been coordinating with law enforcement and local government units to monitor fuel suppliers, following claims that some companies were exploiting the recent rise in global oil prices.
The agency also released a list of firms adjusting prices this week after crude oil costs exceeded USD 100 per barrel due to ongoing geopolitical tensions involving the US, Israel, and Iran.
“Companies must adhere to suggested pricing,” Garin emphasized. “Our domestic supply is sufficient through the end of April, with additional orders already secured. Any market disruption would only happen if fuel is hoarded.”
To help consumers report irregularities such as hoarding, panic buying, or price non-compliance, the DOE and the Department of Information and Communications Technology (DICT) have launched the eGovPH Complaint Center via the eGov mobile app.
Fuel Price Adjustments This Week:
Shell: Gasoline +PHP8.75/L; Diesel +PHP24.25/L; Kerosene +PHP36/L
Petron: Gasoline +PHP8.80/L; Diesel +PHP19.20/L; Kerosene +PHP32/L
Total: Gasoline +PHP10.20/L; Diesel +PHP20.20/L
Chevron: Gasoline +PHP7/L; Diesel +PHP17.50/L; Kerosene +PHP38.50/L
Jetti Petroleum: Gasoline +PHP9/L; Diesel +PHP19/L
Seaoil Philippines: Gasoline +PHP11–13/L; Diesel +PHP21–23/L; Kerosene +PHP33–35/L
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