Other proposals, such as the creation of a Strategic Petroleum Reserve (SPR), as well as the restoration of the Oil Price Stabilization Fund (OPSF), are also on the table. Memorandum Order 2019-11-0001 has already provided for the conduct of a feasibility study on having a National Strategic Petroleum Reserve equivalent to 90 days of the nation’s domestic oil requirements. Read more in our articles including "Why fuel excise taxes remain in the Philippines: equity or equality?" and "See more, do more with BenQ’s new monitors".
Other proposals, such as the creation of a Strategic Petroleum Reserve (SPR), as well as the restoration of the Oil Price Stabilization Fund (OPSF), are also on the table. Memorandum Order 2019-11-0001 has already provided for the conduct of a feasibility study on having a National Strategic Petroleum Reserve equivalent to 90 days of the nation’s domestic oil requirements.
Our coverage of strategic petroleum reserve includes: "Why fuel excise taxes remain in the Philippines: equity or equality?"; "See more, do more with BenQ’s new monitors"; "Infinix HOT 70: Coming in HOT Under P8,000!". Each article provides unique insights and information.