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DOE mandates raising biodiesel blend to 3% starting this October

THE Department of Energy (DOE) has issued a circular on higher biodiesel blend to three percent starting October this year. DOE Circular 2024-05-14, signed by Secretary Raphael Lotilla on May 7, 2024 and released 13 days after, states that the mandatory implementation of higher coco methyl ester (CME) content of…

Rufus pushes halt to hike in oil excise tax for 4 years

A LEADER of the House of Representatives is pushing for the passage of a measure suspending the collection of the increase in excise taxes on gasoline, diesel and other oil products for four years. Deputy Speaker Rufus Rodriguez said his House Bill 10246, which he filed last October 29, 2021, seeks to suspend excise…

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