Issue of October 15, 2017
Mt. Province

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Congress probes fuel hike in city
by BMC release

The Department of Energy and three major oil companies – Petron, Chevron, and Shell – reportedly have no clear explanation as to why fuels in Baguio are P6 to P10 higher per liter compared to the prices of fuel in nearby Rosario, La Union.

Rosario can be reached for more or less an hour drive from Baguio via the Palispis-Aspiras (Marcos) Highway.

Baguio Rep. Mark Go underscored this last week when he met with DOE officials and representatives from major oil companies during the second round of investigation on the comparative pump prices of fuel between Baguio and Rosario by the House Committee on Energy.

Go questioned why the pump price for fuel per liter in Baguio is almost P10 higher compared to Rosario, which is almost similar to that of the distance of Poro Point in La Union, where these fuel companies draw their products.

“On my part, I really would like to have an answer to my question raised in my resolution and these oil companies should take immediate action to correct the big disparity between the prices in Baguio and Rosario, La Union,” Go said.

Charmaine Canillas, assistant vice president for Corporate Affairs of Petron, informed the panel during the hearing that the average difference of oil prices in Baguio is at P10 depending on the trading area. She also noted that the benchmark of their company for the retail prices of petroleum is based on the Mean of Platts Singapore (MOPS) as well as the competition in certain areas that for them to maintain their volume is to match the prices in the trading area.

DOE ASec. Leonido Pulido III reported the Oil Deregulation Law does not promise low prices of fuel but fair prices. He admitted the use of MOPS in determining the fuel prices, which prompted ASec. Gerardo Erquiza to recommend for the review of the law and look into the unbundled charges.

Committee Chairman Lord Allan Velasco called for a third hearing inviting resource persons from the Philippine Competitive Commission to ask for their side on the said matter. A letter of invitation will likewise be resent to Chevron but a subpoena will be issued to Shell for failure to attend the hearing twice.

Earlier, the city council invited DOE officials, local gas dealers, and their counterparts in Metro Manila to shed light on why the oil prices in the city are higher compared to the oil prices in the lowlands by P5 to P6 per liter when the distance from their depots in La Union to the city is fixed at over 67 kilometers.

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Baguio Central University
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MMS Development Training Center Corporation
Pines City Colleges
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Brent International School
Data Center College of the Philippines
Gov. Leonard G. Mayaen
Interlink Security Management Corp.
Mayor Mauricio Domogan
Medline International Training Institute of Baguio
Pag-IBIG Fund
Philex Mining Corporation
Pines City Colleges
Pugad Pugo Adventure
Rep. Ronald M. Cosalan
SN Aboitiz
Texas Instruments
UP Baguio

Assumption Medical Diagnostic Center, Inc.
Baguio City Council
Baguio Memorial Chapels, Inc.
Baguio Water District
BSBT College
Curamed Pharmacy
Department of Agrarian Reform - CAR
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Department of Public Works and Highways - CAR
Department of Trade and Industry – CAR
Fabulo Beauty & Image Salon
Far East Pacific Commercial
Filipino – Japanese Foundation of Northern Luzon, Inc.
Forest House
GMS Technology
Goshen Land
Governor Nestor B. Fongwan
Healthforce1 Nursing Review Center
Heidelberg Philippines, Inc.
Hotel Elizabeth
Jaime V. Ongpin Foundation, Inc.
Kalapaw Restaurant
Maybank - Baguio Branch
Mayor Greg T. Abalos Jr.
Nagomi Spa
National Police Commission - Philippine National Police - Police Regional Office - CAR
NIIT – Baguio
Nova Lodge
Philippine Women’s University – CDCEC Baguio City, Inc.
Philippines Science High School – CAR
Rep. Bernardo Vergara
Rep. Maximo Dalog
Sangguniang Panlalawigan
Small World Christian School Foundation
The Golden Pine Hotel
VTA International Realty Corporation
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