An Act Establishing the Philippine Strategic Petroleum Reserve, Providing Funds Therefor, and for Other Purposes
The proposal would create a government‑run emergency stockpile of crude oil and refined fuels, aiming to keep at least 90 days of national consumption on hand and to release it only when the President, advised by the Energy Department, declares a supply emergency.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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SBN-2040 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.