The Department of Energy (DOE) on Monday reminded all local gas stations of their legal obligation to implement government-mandated fuel price rollbacks under Executive Order No. 110.
The directive follows President Ferdinand Marcos Jr.’s declaration of a state of national energy emergency on March 24, citing “imminent danger” caused by hostilities linked to the U.S.-Iran conflict.
Under the emergency order, the DOE has enforced strict pricing controls on local oil firms to protect consumers during the ongoing crisis.
Fuel companies are required to implement rollbacks equal to or greater than the government-prescribed amount, while any price increases are strictly limited and cannot exceed approved adjustments.
Energy Secretary Sharon Garin explained that the situation has “triggered the additional powers of government to prescribe the price during these times of emergency.”
She reiterated the rollback amounts previously announced by the President:
- Diesel: ₱24.94 per liter reduction
- Gasoline: ₱3.41 per liter reduction
- Kerosene: ₱2.00 per liter reduction
Garin stressed during an online press briefing that compliance is mandatory for all fuel retailers nationwide to ensure fair pricing and safeguard the public amid market uncertainty.