DOE: No fuel price capThe DOE is investigating hundreds of complaints against gas stations as fuel prices rise. MANILA, Philippines — Even as staggering fuel costs continue to bedevil consumers, the Department of Energy (DOE) said it is not inclined to recommend a price cap on petroleum products, as doing so could disrupt industry operations. Through Executive Order 110, President Marcos has placed the Philippines under a state of national energy emergency, effective for one year. New supplies arrivingThe Philippines has begun receiving 142,000 barrels of fuel ordered by the Philippine National Oil Co., to serve as buffer stock. Garin said the DOE is spreading out the deliveries since the government doesn’t have its own fuel storage facilities.

Source: Philippine Star March 26, 2026 16:36 UTC