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LKI 37th Press Statement

BANTAY PRESYO NG PRODUKTONG PETROLYO AND THE UNBUNDLING CIRCULAR NG  PAMAHALAAN 

ETO   SANA ANG IPAPALIWANAG NG MGA OIL COMPANIES AYON SA UNBUNDLING CIRCULAR NG DOE SA PRESYO NG PRODUKTONG PETROLYO  PERO MAY   DÀLAWNAG TRO  NA.  

NO NEWS RE PETRON PETITION .

DAPAT MAINTINDIHAN NG MGA KONSYUMERS KUNG PAANO ANG  PAGTAKDA  SA PRESYO NG PRODUKTONG PETROLYO LALO NA YUN MAGKANO ITATAAS O IBABA.

YAMAN NASA KORTE ANG USAPIN LEGAL NG UNBUNDLING CIRCULAR  PERO KARAPATAN NG MGA KONSYUMERS MALAMAN KUNG AYOS BA  O HINDI ANG PRESYO NITO. 

SINO MAN OIL COMPANY AY PWDE MAGPALIWANAG SA  SIMPLENG TANONG.

3 SERVICE STATIONS SA DAHLIA STREET BRGY FAIRVIEW QUEZON CITY FROM JULY 1 , 7 AND 9 , 2019 MONITORING REPORT. 

DAGDAG MONITORING TODAY,  JULY 16,2019 .


SHELL STATION 

DIESEL GAS
 41.42 47.31
42.37   PLUS .95 48.51. PLUS 1.20
41.97   MINUS .40 48.76  PLUS .25
42.67  plus.  70 49.81  plus  1.05

PHOENIX 

DIESEL GAS
40.34 46 31 
41.29  Plus .95 47.51  Plus 1.20 
40.89 minus .40  47.76  Plus .25

41.59. Plus .70

rollback Saturday July 6

48.81  plus  1.05

PETRON


DIESEL GAS
41.42 48.24
42.37  plus .95

49 .44 plus 1.20

41.97 minus .40 49.69  plus. 25 
42.67 plus   .70 50.74 plus  1.05

Observe that the amount of prices adjustments  for the monitored  period are identical although per Liter prices vary per product and per station. 

Summary 

July 2 July 9 July
Gas 1.20 .25 1.05
Diesel .95 (.40) .70

Pare pareho  ang adjustments. 

Eto ba Parepareho ang adjustments ng presyo ay   competitive market and fair prices  as per Oil Deregulation Law? 

Ano ba tayo mga konsyumers.  TAKE IT  ANYWAY. Wala na bang  agencies ng pamahalaan ang kakampi natin sa usapin ito .

The DOE circular when implemented  requires the oil company to submit the details of the weekly adjustments, whether increase or decrease to the DOE. 

The details of the data are contained in articles  4 and 5 of DOE Circular 2019-05-0008 which requires a detailed computation of the individual unbundled price adjustment .

Thus in these monitored prices ,  Shell, Phoenix and Petron should submit the adjustments details to the DOE. The circular provides that the release  of the data shall comply with the Oil Deregulation law and rules governing freedom to information by the public .

The Oil Deregulation law mandates a  competitive market and fair prices of the fuel products . 

Thus, the consumers should be informed  whether the  identical amounts of weekly prices adjustments represent a regime  of competitive market and fair prices  , which the implementation of the unbundling circular can  achieve.