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Jean Mangaluz - Philstar.com
March 9, 2026 | 2:20pm
Gas station attendants refuel vehicles in Quezon City on March 2, 2026, a day ahead of the expected oil price hike. Photos by Michael Varcas/The Philippine STAR
Michael Varcas / The Philippine STAR
MANILA, Philippines — The Department of Energy on Monday told motorists to brace for higher fuel prices as local oil retailers are set to implement double-digit hikes ranging from P17.00 to P24.00.
In a press conference, DOE Secretary Sharon Garin explained that the oil price hikes will be implemented on a staggered basis this week.
Here are the oil price hikes per retailer:
- Shell: P24.50/ per liter
- Petron: P19.20/ per liter
- Total: P20.20/ per liter
- Chevron: P17.50/ per liter
- Jetty: P19.00/ per liter
- Seaoil: P21 to P23/ per liter
The complete schedule of the staggered implementation is as follows:
A matrix of oil price adjustments from March 10 to 16.
DOE
Garin explained that the DOE does not have the power to regulate price increases due to the Downstream Oil Industry Deregulation Act.
Marcos to request emergency powers
President Ferdinand Marcos Jr. will formally request emergency powers from Congress to reduce the excise tax on petroleum products, according to the Palace.
In a statement on Sunday, March 8 (New York time), Palace Press Officer Claire Castro said that the Department of Energy will make the request on behalf of the president.
The request was to be made on Monday, March 9.
“The president has asked that we unite, no matter what happens in the Middle East. We should be united and help one another, Castro said in Filipino.
Senate President Tito Sotto on Monday said that the matter will be taken up in session today, alongside a bill allowing the importation of biofuel.
The government has already issued several mitigation measures to address the possible shortage of gas, including implementing a four-day work week to lessen gas consumption.
The feared energy crisis stems from escalating tensions in the Middle East. The United States and Israel had attacked Iran, prompting it to retaliate across the Gulf countries.
