FOR the fourth consecutive week, prices of petroleum products will increase starting Tuesday, September 4.
Oil firms announced on Monday that gasoline prices will go up by P0.95 per liter, diesel by P1.20 per liter and kerosene by P0.95 per liter.
The announcement was made on Monday afternoon by Phoenix Petroleum, PTT Philippines, Eastern Petroleum, Petro Gazz and Pilipinas Shell. They will implement the price hike at 6 a.m. of September 4.
Other oil firms are expected to follow suit. Local pump prices are mainly influenced by the crude prices in the world market, the peso-dollar exchange rate and taxes.
Over the weekend, prices of liquefied petroleum gas (LPG) also increased.
Eastern Petroleum implemented a P1.80 per kilo, or P19.80 increase, for an 110-kilogram (kg) LPG cylinder on Sunday morning.
Petron Corp., meanwhile, implemented a P1.95-per-kg increase in LPG effective 12:01 a.m. of September 1. Auto LPG prices also increased by P1.10 per liter. Petron said the price adjustments in LPG reflect the international contract price for the month of September.
Energy Secretary Alfonso G. Cusi on Friday warned the public about the emergence of illegally LPG-refilled butane canisters, following the buy-bust operation conducted by the Philippine National Police (PNP)-Cebu City Police Office Station 1 in Barangay T. Padilla public market on August 24.
“LPG-refilled butane canisters are extremely dangerous, especially since butane canisters should only be used once. Refilling these tin canisters with LPG could cause fire and also greatly endangers the lives of our consumers,” Cusi said in a statement.
Three individuals were arrested in Parian, Cebu, for trading LPG-refilled butane canisters. They were identified as Ramir Amaca, Romeo Apparece and Romeo Cuevas, according to the report by the DOE-VFO.
The three were arrested for violating Batas Pambansa 33, as amended by Presidential Decree 1865, after being caught selling and possessing 638 illegally refilled and empty canisters.
DOE-VFO records also show that in Cebu province alone, more than 30 individuals have already been arrested after being caught trading LPG-refilled butane canisters.
The proliferation of this illegal practice is becoming even more pronounced given that 63,055 LPG-refilled and 150,821 empty butane canisters were confiscated in Cebu from early-2017 until August 2018.