It is a major drop in prices that will bring relief to the public.
In a video message on Saturday, April 18, President Ferdinand Marcos, Jr. personally reported that there will be a forthcoming rollback in fuel prices next week.
Per the chief executive, diesel prices are expected to drop by more than PHP24 per liter, gasoline by PHP3.41, and kerosene by PHP2.00.
“Batid namin ang sitwasyon ng bawat Pilipino sa panahong ito. Hindi tayo titigil, hindi tayo uurong, at hindi natin hahayaan na ang ginhawang ito ay hindi po makarating sa taong-bayan,” he said.
He emphasized, “Mas malaki ito kaysa sa rollback noong nakaraang linggo at malinaw ang ibig sabihin nito para sa ating lahat. May ginhawang parating.”
The Chief Executive also ordered the oil companies to implement the reductions fully and without delay.
“At sa ating mga oil company, malinaw naman ang aking panawagan. Ipatupad ninyo ang rollback ng buo, tama, at walang pagkaantala. Ibigay ninyo sa taong-bayan ang dapat naman na nasa kanila,” he said.
In line with this, Marcos encouraged the public to report any violations of the prevailing regulations and assured them of the government’s immediate actions.
“At para sa ating mga kababayan, bukas ang ating tanggapan at ang Department of Energy para sa inyong mga reklamo. Kung may paglabag, ipaalam po ninyo sa amin. Kikilos kami kaagad,” he told.
Meanwhile, the President also said the PHP10 fuel discount for public utility vehicles, such as buses and jeepneys, continues. He also added that the net service contracting program for PUV drivers also remains in effect.