The Department of Energy (DOE) has imposed a 60-day price freeze on liquefied petroleum gas (LPG) and kerosene in Cebu following the 6.9-magnitude earthquake. In a statement, the agency said this was meant ‘to protect households from undue economic burden and guarantee the continued availability of essential fuel products.’
The DOE warned that retailers and distributors who fail to comply would face penalties.
It is also coordinating with local government units to prevent overpricing and profiteering.