No more price ranges: DOE eyes fixed adjustments

CEBU CITY, Philippines — In what energy officials described as a measure to protect consumers from potential abuse by oil companies, the Department of Energy (DOE) plans to scrap its practice of announcing a range of possible pump price adjustments in favor of a single, fixed figure. The department decided to move away from range-based announcements after observing a pattern over the past two weeks: oil firms consistently implementing adjustments at the higher end of the announced range rather than the lower end, said Energy Secretary Sharon Garin. “Maraming reklamo din sa social media na ang palaging pinipili ng mga […]... Keep on reading: No more price ranges: DOE eyes fixed adjustments