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Bacolod City, Philippines Wednesday, September 25, 2013
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5 senators back
Negrenses vs. oil price disparity

BY CARLA GOMEZ

MAKATI CITY – Five senators are taking up the cudgels for Negrenses against the oil price disparity that has left Negros Occidental with higher fuel prices compared to Cebu and Metro Manila.

Senators Grace Poe, Serge Osmeña and Nancy Binay questioned Energy Secretary Jericho Petilla on the fuel price disparity at the DOE budget hearing at the Senate yesterday.

Poe has filed a resolution seeking a Senate inquiry on the disparity, which Senate President Franklin Drilon and Senator Sonny Angara, at the 28th Negros Trade Fair Governor’s Night at the Glorietta Activity Center last night, said they will also support.

Poe told the DAILY STAR she has asked Petilla to submit an explanation in writing on the causes of the price disparity.

Osmeña said he was exasperated at the inability of the DOE to give adequate answers to their questions at the budget hearing.

“The Secretary was hard-pressed to give an intelligent answer to it....Not even a market-oriented explanation was given,” he said.

He said they were told that a fuel price watchdog is being created and prices will be posted on the internet to put a competitive pressure on oil companies that have very high prices.

Angara said he will attend the Senate inquiry on the price disparity to see how solutions can be formulated to solve the problem.

Rep. Alfredo Abelardo Benitez (Neg. Occ., 3rd District) said the oil price watchdog will convene on Monday in Bacolod.*CPG

 

 

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