THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Wednesday, January 18, 2012

URGENT! Petroleum Products Price-freeze Resolution


RESOLUTION #2012-003

A JOINT RESOLUTION REQUESTING PETROLEUM DEALERS AND RESELLERS TO FREEZE THE PRICES OF PETROLEUM PRODUCTS TO THEIR DECEMBER 16 LEVELS FOR AREAS DEVASTATED BY TYPHOON SENDONG AND ARE DECLARED UNDER STATE OF CALAMITY

WHEREAS, Cagayan de Oro City and its influence areas are badly hit by Typhoon Sendong affecting more than 50,000 families and totally damaging *11,382 houses while 26,011 houses are partially damaged;

WHEREAS, President Benigno S. Aquino, per Proclamation No. 303 dated Dec. 20, 2011 declared Cagayan de Oro, Iligan City in Region X and Regions VII, IX, XI, and CARAGA under a State of National Calamity;

WHEREAS, DOE Undersecretary Jose Layug, Jr. during a Stakeholders Forum on the Downstream Oil Deregulation Law held in Cagayan de Oro City last January 5 announced that DOE directed petroleum companies to freeze the prices of related products to their December 16 levels due to Typhoon Sendong;

WHEREAS, reports had it that local petroleum dealers and resellers are implementing consecutive price increases;

WHEREAS, the quick recovery of Sendong-affected areas as well as the respective residents thereof requires the full support and cooperation of everyone;

WHEREFORE, the Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (OROCHAMBER), Misamis Oriental Filipino-Chinese Chamber of Commerce and Industry (MOFCCCI), Promote CDO Foundation and Philexport10A are appealing to local petroleum dealers and resellers to freeze the prices of petroleum products at December 16 levels up until the lifting of the State of Calamity status.

RESOLVED FURTHER that ORO CHAMBER, MOFCCCI, PROMOTE CDO and PHILEXPORT10A will monitor the strict compliance of DOE’s order among petroleum companies in the area;

RESOLVED FINALLY that a copy of this resolution be furnished to Hon. DOE Secretary Jose Rene Almendras, Hon. Mayor Vicente Y. Emano, Hon. Congressmen Rufus Rodriguez, Hon. Maximo Rodriguez, Jr., the Regional Development Council in Region X, City Council through Chairman Hon. President Elipe and the Petroleum Dealers Association in the City and Region.


Share |


Oro Chamber on Facebook