Pampanga Times

So how will you bring down the price of gasoline?

zach_lucero @mikeyarroyo so how will you bring down the price of gasoline?

That’s a complex issue, because the oil deregulation law is full of technicalities, and my complete answer would be several pages. But in a nutshell, what we are batting for is thorough review of the provisions of the law.

As chairman of the house committee on energy, I have presided over more than ten hearings wherein we have been looking at the allegations of collusion amongst the oil companies to fix prices. If these charges are found to be true, we will not hesitate to exercise our committee’s oversight duties and make sure penalties are exacted on erring oil players.

But I would be more than happy to sit down with you at my office to discuss the issue further with you.

-Mikey