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Friday, March 29, 2024

DoE to appeal court’s ruling vs unbundling of fuel prices

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The Energy Department said Monday the Office of the Solicitor General is set to appeal the decision of the Mandaluyong City Regional Trial Court Branch 213 to issue a writ of preliminary injunction against the implementation of the petroleum price unbundling.

“We cannot enforce our circular until after either we get relief from a court or a decision… A preliminary injunction order is essentially what we call a pending relief so it runs during the pendency of the court,” Energy assistant secretary Leonido Pulido said.

The DoE issued Department Circular No. DC 2019-005-0008 which requires oil companies to report their “unbundled price adjustments” to include import expense, tax burdens, biofuel and other essential cost components that contribute to the changes in retail prices, including industry take or profit.

The oil firms sought to stop the implementation of the circular through the courts. In the case of Petron Corp., the Mandaluyong Regional Trial Cout acted on its petition for the issuance of an injunction on June 25 which was granted on Aug. 5. The Taguig RTC is also said to have issued an injunction against the order in favor of Pilipinas Shell Petroleum Corp.

“We are currently discussing this with the Office of the Solicitor General that we, the Department of Energy, is considering appealing that decision… resolution…It’s usually 15 days to file a motion for reconsideration regarding an order,” Pulido said.

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Meanwhile, Chevron Philippines and PetroGazz raised the price of gasoline by P0.50 per liter, diesel by P0.75 and kerosene by P0.50 per liter effective 12 a.m. Tuesday. 

Pilipinas Shell Petroleum Corp. and Seaoil Philippines raised the price of gasoline by P0.35 per liter, kerosene by P0.45 per liter and diesel by P0.60 per liter. 

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