^
+ Follow INTERIM OIL COMMITTEE Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 95166
                    [Title] => Market leader Petron assures Estrada: No oil price hike
                    [Summary] => 

Market leader Petron Corp. assured President Estrada yesterday that it would put on hold any planned planned increases on its fuel products.

Mr. Estrada said top officials of ARAMCO, part owner of the semi-government owned Petron Corp., paid a courtesy call on him at the presidential yacht BRP Ang Pangulo where he has been holding office for the duration of his Mindanao sojourn. [DatePublished] => 2000-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 100876 [Title] => Tiaoqui douses cold water on interim oil committee [Summary] =>

Energy Secretary Mario V. Tiaoqui said that forming the Interim Oil Committee (IOC) is a duplication of functions and that reapplying the automatic pricing mechanism (APM) for petroleum products would only result in higher prices.

He said that the Department of Energy (DOE) is doing exactly what the proponents of the IOC are recommending.

"We have daily monitoring of crude oil prices, including the local oil company's cost and volume on a monthly basis," he said.

At the same time, the government agency is said to be neutral on the issue of taking sides. [DatePublished] => 2000-02-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

INTERIM OIL COMMITTEE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 95166
                    [Title] => Market leader Petron assures Estrada: No oil price hike
                    [Summary] => 

Market leader Petron Corp. assured President Estrada yesterday that it would put on hold any planned planned increases on its fuel products.

Mr. Estrada said top officials of ARAMCO, part owner of the semi-government owned Petron Corp., paid a courtesy call on him at the presidential yacht BRP Ang Pangulo where he has been holding office for the duration of his Mindanao sojourn. [DatePublished] => 2000-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [1] => Array ( [ArticleID] => 100876 [Title] => Tiaoqui douses cold water on interim oil committee [Summary] =>

Energy Secretary Mario V. Tiaoqui said that forming the Interim Oil Committee (IOC) is a duplication of functions and that reapplying the automatic pricing mechanism (APM) for petroleum products would only result in higher prices.

He said that the Department of Energy (DOE) is doing exactly what the proponents of the IOC are recommending.

"We have daily monitoring of crude oil prices, including the local oil company's cost and volume on a monthly basis," he said.

At the same time, the government agency is said to be neutral on the issue of taking sides. [DatePublished] => 2000-02-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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