DOE: Nothing to worry about oil supply

The Department of Energy (DOE) has urged the public not to worry about the series f oil price hikes as result of the recent attack on the oil facilities in Saudi Arabia . In today’s (September 23) Senate hearing, the agency discussed means to address the problem such as finding alternate sources of oil in Kuwait, Malaysia and Japan. A series of rollbacks is also expected to happen in the following days that will offset the Php5.00-increase.

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