00:00DOE is now subscribing the price increase limitation.
00:12May limit na tayo, may minimum na tayo sa rollback,
00:15tapos may maximum din tayo sa price increase.
00:19So both ways, pag rollback siya,
00:23kung 24.95 yan, dapat yung rollback could be equal or more than the 24.94.
00:35So pwede siyang maging 25, pwede siyang maging 26,
00:39pero hindi siya pwedeng 20 lang.
00:42So kailangan sundan ng oil companies.
00:45Yung po na-announce din ng presidente noong Friday yan.
00:49Pero pag increase siya, pag sinabi ng DOE na 10 piso lang,
00:55halimbawa yung increase, hindi siya pwedeng sumobra.
00:57So that's our new rules now.
00:59That's because of the issuance of the EO 110,
01:04which triggered the additional powers of government
01:09to prescribe the price during these times of emergency.
01:13Ang second issuance ng DOE is concerning the storage.
01:20On the storage, kasi what we are mandating to all oil companies,
01:26kung may available sila na storage capacity at hindi nila ginagamit,
01:31they need to report that to DOE
01:33so that PNOC can utilize the available storage.
01:37Because unfortunately, the government does not have its own storage for oil
01:43or wala siyang depot.
01:44So we use the private company's depot or storage
01:49para malagay natin doon yung additional na binibili ng PNOC na diesel
01:55para ma-store natin doon at ma-secure natin na may buffer tayo na maayon.
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