Bill Type
Congress Name
Long Title
AN ACT INSTITUTING PARTIAL DEREGULATION OF THE DOWNSTREAM OIL INDUSTRY, AMENDING FOR THE PURPOSE SPECIFIC SECTIONS OF REPUBLIC ACT NUMBERED EIGHTY-FOUR HUNDRED AND SEVENTY-NINE, OTHERWISE KNOWN AS THE `DOWNSTREAM OIL INDUSTRY DEREGULATION ACT OF 1998' AND FOR OTHER PURPOSES
Date filed
December 2, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB05865 |
| FULL TITLE : AN ACT INSTITUTING PARTIAL DEREGULATION OF THE DOWNSTREAM OIL INDUSTRY, AMENDING FOR THE PURPOSE SPECIFIC SECTIONS OF REPUBLIC ACT NUMBERED EIGHTY-FOUR HUNDRED AND SEVENTY-NINE, OTHERWISE KNOWN AS THE `DOWNSTREAM OIL INDUSTRY DEREGULATION ACT OF 1998' AND FOR OTHER PURPOSES |
| ABSTRACT : A PARTIALLY DEREGULATED oil industry will provide safeguards against oligopolistic dominance, price fixing and overpricing through the automatic pricing mechanism based on crude prices and peso-dollar exchange rate. |
| PRINCIPAL AUTHOR/S : GARCIA, ENRIQUE JR. T. |
| DATE FILED : 1998-12-02 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 1998-12-08 |
Abstract
A PARTIALLY DEREGULATED oil industry will provide safeguards against oligopolistic dominance, price fixing and overpricing through the automatic pricing mechanism based on crude prices and peso-dollar exchange rate.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.