Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR TRANSPARENCY IN THE PRICING OF PETROLEUM PRODUCTS, STRENGTHENING THE POWERS OF THE DEPARTMENT OF ENERGY, THEREBY AMENDING CERTAIN PROVISIONS OF REPUBLIC ACT NO. 8479, OTHERWISE KNOWN AS THE "DOWNSTREAM OIL INDUSTRY DEREGULATION ACT" PROVIDING FUNDS THEREFOR, AND FOR OTHER PURPOSES
Date filed
June 2, 2005
Scope
Legislative History
| House Bill/Resolution NO. HB04419 | |
| FULL TITLE : AN ACT PROVIDING FOR TRANSPARENCY IN THE PRICING OF PETROLEUM PRODUCTS, STRENGTHENING THE POWERS OF THE DEPARTMENT OF ENERGY, THEREBY AMENDING CERTAIN PROVISIONS OF REPUBLIC ACT NO. 8479, OTHERWISE KNOWN AS THE "DOWNSTREAM OIL INDUSTRY DEREGULATION ACT" PROVIDING FUNDS THEREFOR, AND FOR OTHER PURPOSES | |
| ABSTRACT : The bill seeks to increase competition at the retail industry level to bring the pump prices of oil products to reasonable levels. It also aims to strengthen the powers of the Department of Energy to enable it to effectively carry out its mandate to inform and protect the public from illicit practices prevailing in the industry. | |
| PRINCIPAL AUTHOR/S : DADIVAS, RODRIGUEZ D. | |
| DATE FILED : 2005-06-02 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Amin (076 ) | 2. Codilla (076 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 2005-06-08 |
Abstract
The bill seeks to increase competition at the retail industry level to bring the pump prices of oil products to reasonable levels. It also aims to strengthen the powers of the Department of Energy to enable it to effectively carry out its mandate to inform and protect the public from illicit practices prevailing in the industry.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.