MANILA – Two gasoline stations are now facing profiteering charges as the Philippine National Police intensifies its campaign against fuel price manipulation amid global oil market volatility.
PNP spokesperson Brig. Gen. Randulf Tuaño disclosed that the cases were filed following allegations that the stations sold petroleum products beyond the suggested retail prices. The establishments are located in Nueva Vizcaya and Eastern Samar.
The investigation stemmed from complaints lodged by citizens through the emergency hotline, prompting authorities to take swift action.
In response to the ongoing fuel price hikes linked to geopolitical tensions, the Department of Energy has enlisted the help of the PNP to oversee compliance among fuel retailers, especially those that halted operations during price adjustments.
Data from the PNP showed that at least 372 gas stations across the country temporarily closed during the recent period of price instability.
Local government units, through their Municipal Pricing Coordinating Councils, have also been mobilized to keep a close watch on pump prices.
At the same time, the police force is set to deploy personnel to safeguard the rollout of fuel assistance programs for affected sectors.
PNP chief Gen. Jose Melencio Nartatez Jr. emphasized the need for orderly distribution, assuring the public that measures are in place to prevent irregularities and protect beneficiaries.
He also warned Filipinos to be cautious of fraudulent schemes that may take advantage of the subsidy program.
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