MOTORISTS may heave a sigh of relief as the Department of Energy (DOE) yesterday announced a major rollback for diesel and kerosene products starting today, April 28.Energy Secretary Sharon Garin said diesel prices will drop by P12.94, estimated to range from P75.93 to P101.96 per liter. Kerosene prices will likewise go down by P15.71, with adjusted prices ranging from P125.39 to P147.98.
Gasoline prices, however, will increase by P0.53.
“There will be a rollback tomorrow at P12.94 minimum. May estimated pump price range sa diesel na P75.93 to P101.96,” Garin told reporters in a media briefing yesterday.
(There will be a rollback tomorrow at P12.94 minimum. There is an estimated pump price range for diesel of P75.93 to P101.96.)
“Iba-ibang gas station, iba-iba ang presyo. Depende ‘yan kung malayo sa depot or inland siya. Malayo i-deliver, mas magastos ang pag-deliver sa gas station so mas mahal ang benta,” Garin said.
(Gas stations have different prices depending on their locations. Those that are far from the depot or inland have higher prices because of the delivery costs.)
Pump prices saw a continuous increase after tensions between the US and Israel and Iran escalated on February 28.
The DOE assured the public of continuous pump supply as it likewise announced that four shipments of diesel, procured through the Philippine National Oil Company, have arrived in the country. This amounts to about 178 million liters of diesel, securing five days-worth of buffer stock. (GMA News)
