Senator Sherwin Gatchalian urged the Department of Energy (DOE) and Department of Trade and Industry (DTI) to consider imposing a price cap on liquified petroleum gas (LPG) amid rising prices linked to the Middle East crisis.
He warned that LPG could increase by at least P30 per kilogram, affecting households and small businesses.
Gatchalian called on authorities to ensure adequate supply, monitor market prices, and enforce price ceilings under Republic Act 10623 to protect consumers.
During a Senate hearing, he also urged DOE and the Philippine National Oil Company to expedite alternative fuel sourcing and report ongoing government-to-government negotiations.
President Ferdinand R. Marcos Jr. said the country has enough crude oil until June 30 but directed DOE to secure additional supplies amid potential market volatility.
Source: PhilNews24 | March 29, 2026
