Multiple measures set
to drive oil prices down
DOE HEARING SEPT. 13
BY CARLA GOMEZ
Multiple measures will be taken to compel oil firms to further bring down the prices of fuel in Negros Occidental, which will include filing charges against those found to be overpricing and engaging in cartelization, Rep. Alfredo Abelardo Benitez (Neg. Occ., 3rd District), said last night.
Department of Energy officials are set to arrive in Negros Occidental on September 13 to conduct a hearing for the creation of an Oil Price Watchdog Task Force in the province to monitor oil price violations and to file the charges as stipulated in the Oil Deregulation Law, Benitez said.
The task force will be composed of the DOE, local government officials and stakeholders, he added.