The current Middle East war and tension between the USA and Israel against Iran have led to unending retaliation and disastrous outcomes for all of the parties. It has affected the safety, the security, and the livelihood of the involved countries and nearby nations, including the volatility of fuel prices worldwide.

Needless to say, the Philippines is facing an upcoming significant increase in oil prices in the coming weeks, similar to what occurred during the pandemic. The Department of Energy (DOE) is closely monitoring the local oil industry to ensure compliance with Republic Act No. 7581 (specifically pertaining to kerosene and liquefied petroleum gas) and Batas Pambansa Blg. 33 (covering petroleum products). The DOE is also taking measures to punish illegal price manipulation, such as hoarding and profiteering, through fines and imprisonment.

The DOE is not alone in enforcing the law; the Department of the Interior and Local Government (DILG) and the Philippine National Police (PNP) will aid them throughout the ordeal.

According to Energy secretary Sharon Garin, “We will not tolerate any attempt to take advantage of the current situation at the expense of Filipino consumers. Under the directive of President Ferdinand R. Marcos Jr., the government is pursuing a whole-of-government approach to protect the public and maintain orderly fuel supply and distribution.”

If the public encounters any suspected hoarding, profiteering, or refusal to sell, they are encouraged to document the incident and report it to DOE. Reports can be submitted through the Oil Industry Management Bureau, the Consumer Welfare and Promotion Office, and local field offices. Additionally, individuals can contact the DOE via the government hotline at 8888, the Consumer Welfare and Promotion Office at 8840-2267, through Facebook, or by e-mailing [email protected].