The bill would cancel the 1998 law that let market forces set oil prices and instead create a new Oil Industry Regulatory Board under the Department of Energy to set rules, supervise the industry, and, when needed, fix prices to protect consumers and national security.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB07328. Status changes over time; check the link for the latest.
HB07328 · Sources: BatasWatch
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.