An Act Requiring the Mandatory Unbundling and Disclosure of Petroleum Prices, Amending for the Purpose Republic Act No. 8479, Otherwise Known as the 'downstream Oil Industry Deregulation Act of 1998,' and for Other Purposes
The bill would require oil firms to break down pump prices into their cost components, post the breakdown at stations and online, and let the Energy Department publish weekly price ranges for reference. It also adds notice rules, audit powers, and penalties for non‑compliance.
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/SBN-2007. Status changes over time; check the link for the latest.
SBN-2007 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.