DOE to start publishing list of gas stations with cheapest prices

by Alvin Elchico, ABS-CBN News

Posted at Aug 22 2011 07:00 PM | Updated as of Aug 23 2011 03:00 AM

MANILA, Philippines - The Department of Energy (DOE) will start publishing next week the list of gasoline stations selling the cheapest diesel and gasoline in each district or locality.

Energy Undersecretary Jose Layug said this will promote further competition and guide motorists where to gas up.

But transport groups are not impressed.

Alliance of Concerned Transport Organization (ACTO) President Efren de Luna noted the DOE's plan is merely for who. "Papogi lang yan," he said.

Transport groups are gearing up for a big transport strike in the first week of September to protest the string of oil price hikes, expensive spare parts, traffic regulations and corrupt activities against public transport drivers.

Motorists are going to be hit again by another round of price hike in diesel and gasoline anytime soon.

Based on the figures from the Mean of Platts Singapore (MOPS), the equivalent price hike for gasoline ranges from P1.40 to P1.50/liter while the equivalent increase for diesel is around P0.40 to P0.50/liter.

Meanwhile, the Bagong Alyansang Makabayan (BAYAN) and Freedom from Debt Coalition staged a protest in front of the Energy Regulation Commission building in Pasig City, Monday morning.

BAYAN secretary-general Renato Reyes Jr. said it is unfair to pass on to consumers the stranded cost and debts of the National Power Corporation.

The ERC is hearing two separate petitions by the Power Sector Assets and Liabilities Management Corporation (PSALM) to recover the stranded debts (SD) and stranded contract costs (SCC) of the National Power Corporation (NAPOCOR) through a total rate hike of 39.79 centavos per kilowatt-hour (kWh).

BAYAN called the petition for a rate increase unjust as consumers will be forced to bear the costs of onerous contracts forged with independent power producers.