June 1, 2019
LKI 28th Press Statement
LKI Statement on DOE DC 2019-05-0008 on Unbundled Price Adjustment.
LKI welcomes the issuance of the DOE DC . It is a good start and good news for all consumers.
We earnestly await the implementation of the circular which will allow consumers to understamd why oil prices adjustments weekly are the same amount for gas , diesel and kerosene for all oil companies whether pure importers or those with refineries.
Notwithstanding the confidentiality provisions, we believe the DOE or any oil company should inform consumers the details on the unbundled price adjustment .
The Laban Konsyumer Inc. express its appreciation to the DOE officials and staff who worked on the circular for one year and a half like Atty Rino Abad, Ms Rodelia Romero , Asec Pulido, Usec Maecos , Usec Wimpy Fuentebella, and Sec Alfonso Cusi.