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Bill amending Oil Deregulation Law hurdles House panel

MANILA - To mitigate the rising prices of petroleum and fuel products, a measure seeking to amend the Downstream Oil Industry Deregulation Act hurdled committee level at the House of Representatives. The House Committee on Energy, chaired by Pampanga Rep. Juan Miguel Arroyo, approved Tuesday, subject to form and style, the substitute bill that would amend Republic Act 8479, or the "Downstream Oil Industry Deregulation Act of 1998". Under the measure, the proposed amendments to RA 8479 include institutionalizing the minimum inventory requirements for petroleum products for purposes of supply security and unbundling the cost of petroleum, among others. In his opening statement, Arroyo said prices of fuel and petroleum have been increasing, triggered by Russia's war on Ukraine. "We are faced with the bigger task of trying to mitigate the rising prices of petroleum and fuel," Arroyo said. In her manifestation, Marikina City Rep. Stella Quimbo proposed that a provisi ....

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Bill amending Oil Deregulation Law hurdles House panel

MANILA - To mitigate the rising prices of petroleum and fuel products, a measure seeking to amend the Downstream Oil Industry Deregulation Act hurdled committee level at the House of Representatives. The House Committee on Energy, chaired by Pampanga Rep. Juan Miguel Arroyo, approved Tuesday, subject to form and style, the substitute bill that would amend Republic Act 8479, or the "Downstream Oil Industry Deregulation Act of 1998". Under the measure, the proposed amendments to RA 8479 include institutionalizing the minimum inventory requirements for petroleum products for purposes of supply security and unbundling the cost of petroleum, among others. In his opening statement, Arroyo said prices of fuel and petroleum have been increasing, triggered by Russia's war on Ukraine. "We are faced with the bigger task of trying to mitigate the rising prices of petroleum and fuel," Arroyo said. In her manifestation, Marikina City Rep. Stella Quimbo proposed that a provisi ....

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NCR mayors restrict mobility of unvaxxed persons

Metropolitan Manila Development Authority chair Benjamin "Benhur" Abalos, Jr. (File photo) MANILA - There will soon be enhanced restrictions regulating the movement of individuals still unvaccinated against Covid-19 in the National Capital Region (NCR) as agreed upon by the Metro Manila Council (MMC). In a virtual presser on Monday, Metropolitan Manila Development Authority (MMDA) Chair Benjamin "Benhur" Abalos Jr. said MMDA Resolution No. 22-01, series of 2022, urges local government units (LGU) to enact ordinances for "enhanced restriction" on unvaccinated individuals. Abalos said the resolution has been agreed upon "in principle" by the MMC composed of the 17 mayors in NCR and the MMDA in a meeting that included members of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF). "Ito ay pinakita namin sa mga meeting namin kahapon [Jan. 2, 2022] sa mga alkalde ng Metro Manila. In principle, nagbotohan kami ....

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