The bill creates a government‑run oil reserve and a dedicated fund to buy, store, and manage enough crude and refined petroleum to cover at least 90 days of national demand, while also requiring private refiners and importers to keep their own short‑term inventories.
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/HB09049. Status changes over time; check the link for the latest.
HB09049 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.