Oil Deregulation Law changes approval unlikely under PRRD’s term

By Myris Lee

It’s nigh on impossible for the Oil Deregulation Law amendments to be approved before President Rodrigo Duterte leaves his seat as lawmakers are busy preparing with the May 9 polls.

In the April 25 Laging Handa briefing, Department of Energy (DOE) Undersecretary Gerardo Erguiza Jr. said the law aiming to slow down the oil price adjustments had already been discussed at the Congress.

“Sa aming estimate ay medyo mahihirapan na, kasi iba ‘yung priorities ngayong eleksiyon at pagkatapos ng eleksiyon eh siyempre canvassing, then they have to go around of course and maybe thank their constituencies and maybe even take lighter loads,” he said 

“At this point po, ang bola po ay nasa Kongreso ano po. It’s the desire of the Executive branch, sana ay matapos po natin iyan. But realistically speaking po, hindi rin natin hawak ang panahon ngayon, dahil talagang iba po ang activities na ngayon ng ating mga legislators,” he added.

The energy official said the Lower House has met and came up with a preliminary evaluation, while the Senate has already conducted a hearing.

Pero pagdating ho kung whether or not matatapos ho natin ngayon ang amendment in this Congress, magko-convene pa ho sila minsan ‘no,” he said. – ag

Popular

Palace respects SC order to restore P60B PhilHealth fund

By Ruth Abbey Gita-Carlos | Philippine News Agency Malacañang on Friday said it respects the Supreme Court’s (SC) order to restore the Philippine Health Insurance...

Gov’t welcomes lower inflation rate in November 2025

By Brian Campued Malacañang on Friday welcomed the easing of the headline inflation in the country to 1.5% in November from 1.7% in October, amid...

PBBM affirms support for Mindanao troops

By Brian Campued President Ferdinand R. Marcos Jr. has reaffirmed his administration’s commitment to strengthening support for soldiers and for lasting peace and order in...

PBBM hails PH-Oman rescue of 9 Filipino seafarers held by Houthis

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Thursday announced that the nine Filipino seafarers who had been held...