00:00Muling pagtaas ng presyo ng langis sa ikatlong linggo ng Nobyembre,
00:04ating pag-uusapan kasama si Director Rino Abad
00:07ng Oil Industry Management Bureau ng Department of Energy.
00:11Director Rino, magandang tanghali po.
00:14Good afternoon po sa ating programa at sa ating mga kababayan po.
00:18Sir, ano po yung pangunahing reason kung bakit muling tumaas ang presyo ng gasolina at diesel
00:23ngayong ikatlong linggo ng Nobyembre
00:26at gano kataas po ang oil price hike ngayong linggo?
00:30Well, ang ating continuing factor, yung ongoing U.S. sanction kay Russia,
00:37affected na ho talaga ang supply ng Russia.
00:40Kasama pa ho dyan yung nangyayaring problema ng Russia with Ukraine.
00:47So, affected na rin ho ang target ng Ukraine ay kasama na ho yung mga oil refineries.
00:53At the same time, si Iran ho exporting around 2 million barrels per day,
00:58affected na ho din ng U.S. sanction.
01:02Kasama na rin ho dyan yung announcement latest ng OPEC Plus na baka next year.
01:09So, ngayong November, December, nagbaba na ho sila ng increases to more than 130,000 barrels.
01:19In the middle of this year, it used to be around 500,000 barrels ang mga increases nila per month.
01:26Pero bumaba na ho for the past 2 months.
01:28At bukhang next year, baka hindi na ho sila mag-increase, no?
01:33We're talking about the increase.
01:35Kasi yun sana ang sumasaluh dun sa na-affected volume of export na nanggagaling ngayon kay Russia at Iran
01:46na natatamaan ng U.S. sanction.
01:51But at the same time, parang may agam-agam ho na next year, baka wala na hong increase na gawin ang OPEC Plus.
01:58Sir, baka may nagtataka o nagtatanong lang, sabihin nila, hindi po ba merong dineclare na state of national calamity?
02:06So ano po ba yung sakop ng state of national calamity in terms of yung krudo po?
02:15Yung Price Act identified only two products.
02:20The household LPG, which is the 11 kilogram cylinder and below.
02:28At kasama ho yung pangalawang product, which is kerosene.
02:33Hindi ho kasama yung gasoline and diesel.
02:36So, starting nung declaration ng national calamity, state of calamity,
02:44effective ho for the next 15 days at that time,
02:49effective ho ang price freeze dun sa kerosene and household LPG.
02:56However, yung Department of Energy nakipag-usap ho sa mga oil company
03:01at pumayag naman ho ang mga oil company na from November 11 to 17,
03:07at that time, way back two weeks ago,
03:11hindi ho in-implement ang increase even to the gasoline and diesel product.
03:21So, maliwanag ho yun.
03:23Ang Price Act kasama lang ho, household LPG at kerosene.
03:27Napakiusapan ho natin na from November 11 to 17,
03:32wala rin ho ang galawan dun sa price ng gasoline and diesel.
03:37So, ngayon kasi, piond na ho yun sa voluntary agreement lang naman yun ng mga oil company.
03:47Kaya, naging effective na ho uli ngayon ang increase dun sa gasoline and diesel.
03:53Ayan. Maraming salamat po sa paglilinaw.
03:57So, nandito na tayo sa ikatlong linggo, November 18,
04:00at meron na nga ang pagtaas sa presyo ng diesel at saka gasolina.
04:04So, ano naman po yung immediate measures ng Department of Energy
04:08para maibsan po yung epekto ng sunod-sunod na oil price hikes
04:12sa mga motorista pati po sa mga transport group?
04:15Well, ang atin ho talaga dito dahil deregulated ito
04:20at hindi ho tayo naglalaan ng across-the-board subsidy.
04:26Ang atin ho pinapasalamatan sa private sector
04:31kasi wala hong hinto ang private sector sa pag-o-offer naman ng discount,
04:36especially to the public utility vehicle.
04:39In fact, marami akong nakikitang gasoline station
04:42na nag-o-offer ng PUV lane, no?
04:46Yung public utility vehicle lane
04:48para automatic, pag pumasok ka dun at utility vehicle ka,
04:52public utility vehicle ka,
04:55pwede ka na ho mag-avail nung discount.
04:57Wala hong hinto yan at pinapasalamatan natin ang mga oil company dyan.
05:02At sa side naman ng government,
05:05meron ho tayong fuel subsidy program.
05:08Kaya lang, ang nag-i-implement ho nito,
05:10hindi Department of Energy,
05:11kundi yung LTFRB for the public transport
05:16at yung Department of Agriculture,
05:19yung fuel subsidy naman sa farmers and fishermen.
05:24So, sa update ho,
05:26mukhang kailangan ho matanong ho natin
05:29ang dalawang agencies na yun
05:32sa kanilang pag-i-implement ho.
05:34Kasi ang trigger ho na 80 US Dollar Dubai Crude Oil price
05:39ay matagal na ho naabot yan,
05:42matagal na ho na trigger yan.
05:44At inaasahan ho natin na nagsimula na sila.
05:47Even way back January, nagsimula na sila sa paminigay
05:52nung subsidy program ng government.
05:55Director, ano naman po yung hakbang na ginagawa ng DOE
05:59para ma-insure po na tama at pare-pareho po yung pagpapatupad ng presyo
06:04sa mga gasulinahan at wala pong mananambantala
06:06o mag-manipulate po ng presyo.
06:10Well, ang nakakasaya nga dito
06:13kung susumahin ho natin yung actual announcement
06:17ng mga oil companies,
06:20umaabot na ho ang increase
06:22ng almost P20 for gasoline per liter,
06:27ang increase since January.
06:28But if you notice,
06:30yung ating price ay nasa P57 per liter.
06:35So, dahil nga sa nangyayaring competition sa baba,
06:41hindi ho nasusunod in toto yung amount of adjustments
06:47since the beginning of this year.
06:49Na sinasabi ng iba ay P20 per liter ang gasulin.
06:52For example,
06:54pero ang presyo pa rin ho natin per liter ng gasulin
06:56ay nasa almost P56 to P57 per liter.
07:01So, ang sinasabi lang ho natin dyan is
07:04sa larangan ho ng competition sa ground,
07:09hindi ho nasusunod talaga yung pag-i-increase nyan.
07:15Supposedly, no,
07:16kung in-add na lang ho natin yan,
07:18more than P100 na dapat ang pump price.
07:22Ang estimate ho namin,
07:24nasa P116.
07:25Pero ang prevailing common pump price natin
07:29ay nasa P57 lang.
07:31I think ang maganda dyan sa mga sunod-sunod na increase,
07:35pagdating ho sa ground,
07:36may competition pa rin ho.
07:39In toto,
07:39hindi ho nila kinakaya na implement.
07:41Otherwise,
07:42ang laki na ho,
07:43it used to be sa amount namin
07:45ng estimate,
07:46ang common pump price
07:47should have been P116 to P117.
07:51Given na ang in-increase ng ating common pump price
07:54ay umaabot na dun sa gano'ng taas,
07:58sa sunod-sunod na pag-i-increase,
08:00pero ang common pump price na prevailing lang
08:03because of the deregulated system
08:06at competition na nangyari,
08:07nasa P56 to P57 per liter lang.
08:10So, kahit papano pala,
08:13medyo naibsan din
08:15at hindi gaano kataas
08:17yung mga pagtataas
08:19ng presyo
08:20ng gasolina
08:21at saka ng diesel.
08:23Pero,
08:23nabagit nyo yan,
08:24Director,
08:25habang papalapit po ba
08:27ang Pasko,
08:28meron pa tayong aasahan na
08:30malaki talagang
08:32price increase?
08:34Well, dahil sa sinabi ko noon
08:36na existing naman yan,
08:37hindi mawawala yung mga reason kanina.
08:40I think,
08:40ang safe to say na
08:41ang elevated na price
08:44at P56,
08:46P57,
08:47hopefully,
08:48hindi pa natin sigurado
08:49kung hanggang saan mag-i-end,
08:50but we hope na hindi umabot
08:52ng P60.
08:54Dyan ho,
08:55kasi ngayon
08:55ang ating situation
08:57nasa elevated price
08:59so tayo
08:59ng from P55
09:01to up to P60.
09:03So,
09:04dyan ho,
09:04maglalaro ang inaasahan natin
09:06na magiging price
09:07until ma-resolve
09:08yung mga issues kanina
09:10na medyo wala tayong control.
09:12Yung sanction ng US,
09:15hindi ho natin makontrol.
09:17Yung
09:17yung OPIC plus,
09:19kung mag-decide sila
09:20ultimately na hindi na sila
09:21mag-i-increase,
09:23magiging tight ho
09:25ang supply.
09:26So,
09:27I think safe to say
09:28is nasa elevated price
09:29so tayo na
09:30kung saan tayo ngayon,
09:31nasa P56 tayo ngayon,
09:32P57.
09:34Hopefully,
09:35hindi na ho,
09:35kasi unti-unti na natin
09:36inaabsorb
09:37yung mga
09:38effect ng sanction na yan.
09:39At hindi na ho,
09:41ganun siguro ka-sustained
09:43yung magiging increase.
09:45But definitely,
09:45it will not
09:46immediately go down.
09:48Kasi nandiyan pa ho
09:49yung mga problema
09:50na kinakaharap
09:52ng oil supply.
09:53Ayan,
09:54nababanggit niyo po
09:55yung mga dahilan
09:56kung bakit talaga
09:57nagtataas ang presyo
09:58ng krudo,
09:59yung
09:59Russian sanctions,
10:02yung
10:02decision po
10:03ng OPEC at OPEC plus
10:04sa kanilang production output.
10:06Pero,
10:06siguro tanong na mga kababayan,
10:08Director Rino,
10:09sa Pasko po ba
10:10matitiyak na sapat
10:12ang
10:13supply po
10:14ng ating
10:15krudo
10:16dahil alam po natin
10:17na tumataas po
10:18ang demand
10:19kapag holiday season?
10:21Well,
10:22hindi ho
10:23affected
10:25masyado
10:25ng season
10:26yung ating
10:27oil supply
10:28kasi ito namang
10:29seasonality na ito
10:30expected na ho
10:31ito ng market.
10:32So,
10:33ang hindi ho talaga
10:34natin
10:34nakokontrol
10:35ay yung mga
10:36biglaang
10:36decision
10:37ng mga
10:37malalaking
10:38bansa
10:38at yun ho
10:39ang mas
10:40lalong
10:40nakaka-affect.
10:41So,
10:41hindi yung
10:42seasonality.
10:43So,
10:44inaasaan lang
10:44ho natin
10:45na itong
10:45effects
10:46would still
10:47be largely
10:47affected
10:48yung price
10:49dahil sa
10:50nangyayaring
10:51geopolitical
10:52actions
10:54ng mga
10:54bansa
10:55rather than
10:56the
10:57Christmas
10:58season.
10:58So,
10:59I think
11:01what I've said
11:02na nandun pa rin
11:02sa range
11:03na elevated
11:04at
11:05relatively
11:06baka
11:06mag-stay
11:07ho
11:07dyan
11:07until
11:08ma-resolve
11:09yung mga
11:09issues
11:09ng supply
11:10ay
11:10hindi
11:11ho naman
11:12tayo
11:12magkakaproblema
11:13sa supply
11:13ng agad-agaran.
11:15Yun nga lang,
11:16medyo
11:16mataas lang
11:17ho talaga
11:18ang level
11:18ng price.
11:20Bilang
11:20panghuli
11:21na lamang
11:21po,
11:22Director
11:22Rino,
11:23mensahe
11:23po sa
11:24ating
11:24mga
11:24kababayan,
11:25lalo
11:25na po
11:26sa mga
11:26ginagawa
11:27po
11:27ng
11:27gobyerno
11:28para po
11:29maibsan
11:30po yung
11:31impact
11:31ng
11:32pagtataas
11:33po ng
11:33presyo
11:33ng
11:34gasolina
11:34at diesel.
11:36Well,
11:36I would like
11:37to emphasize
11:38na lang
11:38siguro
11:38na yung
11:39tuloy-tuloy
11:40nating
11:40coordination
11:42at discussion
11:43with the oil
11:44company,
11:45bigyan ko na lang
11:46idea ng
11:47konti
11:47sa price,
11:48why we are
11:48up
11:4858 pesos
11:49sa diesel
11:51price,
11:51na common
11:52pump
11:52price.
11:52Ang
11:54landed
11:54cost
11:54kasi
11:55yan
11:55umabot
11:55ng
11:55almost
11:5635
11:57pesos.
11:59Merong
11:59taxes
11:59kasi
12:00yan
12:00na
12:00almost
12:0111
12:01pesos
12:02at
12:03merong
12:03CME,
12:05yung
12:05biofuel
12:06na
12:06almost
12:065
12:07pesos.
12:08So,
12:09ang
12:09natitira
12:10sa
12:10recover
12:11ng
12:11oil
12:11company
12:12ay
12:12umabot
12:12ng
12:13around
12:137
12:14pesos.
12:15Out
12:16of
12:16D-58,
12:177
12:17pesos
12:17ang
12:18tinukuha
12:18ng
12:18oil
12:19company
12:19pang
12:19recover
12:20nila
12:20sa
12:20operation
12:21nila
12:21at
12:22profit
12:22margin.
12:23The
12:23rest,
12:24napupunta
12:25yun
12:25pambayad
12:26ng
12:26imported
12:26fuel
12:27at
12:2734,
12:2935,
12:30taxes
12:31na
12:32almost
12:3211
12:33pesos.
12:34Biofuel
12:35na
12:35binabayad
12:36natin
12:36dito
12:36sa
12:36domestic
12:37producer
12:38natin
12:38na
12:39galing
12:39coconut,
12:40crude
12:41coconut
12:41oil,
12:41almost
12:424
12:43pesos
12:44to
12:445
12:44pesos.
12:45So,
12:46yan
12:46ang
12:46component
12:47ng
12:4758.
12:487
12:49pesos
12:49na
12:51kinukuha
12:51ng
12:51oil
12:52company
12:52to
12:52recover
12:53operation
12:54and
12:54profit
12:55margin.
12:55Hindi
12:55na
12:55masama.
12:57Kasi
12:57napakalito
12:57yung
12:587
12:58pesos
12:58dun
12:58sa
12:5858
12:59pesos
13:00na
13:00total
13:01pump
13:01price.
13:01Ang
13:02bulk
13:02talaga,
13:04yun
13:04yung
13:04tatlong
13:06other
13:06components,
13:07imported
13:07cost,
13:09taxes,
13:10at
13:10biofuel.
13:12Ayan.
13:14Marami
13:15talagang
13:15factors
13:16involving
13:18the
13:18determination
13:19po
13:20ng
13:20presyo
13:20pero
13:20maganda
13:21pong
13:21malaman
13:22talaga
13:22po
13:22na
13:23meron
13:23talagang
13:24dialogo
13:25at
13:26intervention
13:26po
13:27ang
13:28gobyerno
13:28with
13:29the
13:29industry
13:30players.
13:30Maraming
13:31salamat
13:31po
13:31sa inyong
13:32oras,
13:33Director
13:33Rino
13:33Abad
13:34ng
13:34Oil
13:34Industry
13:35Management
13:35Bureau
13:36ng
13:36Department
13:37of
13:37Energy.
13:38Thank you,
13:38sir.
13:40Magandang
13:40hapon
13:41uli
13:41sa lahat.
