EIAB Memorandum Circular No. 91-01-003

 

 

 

TO:

ALL OIL COMPANIES

ALL DEALERS/OPERATORS OF GASOLINE STATIONS

ALL CONCERNED

 

SUBJECT:

INSTALLATION OF PRICE DISPLAY BOARDS

 

 

WHEREAS, Republic Act No. 8180, otherwise known as the Downstream Oil Deregulation Act of 1996, provides for the deregulation of the downstream oil industry to foster a truly competitive market which can better achieve the social policy objectives of fair prices and adequate, continuous supply of environmentally-clean and high-quality petroleum products;

 

WHEREAS, for the convenience of the public and monitoring of prices of petroleum products, Rule IV Section 12 (b) of the Implementing Rules and Regulations of RA 8180 requires all retailers of petroleum products to display the prices of petroleum products sold in gasoline stations in price display boards; and

 

WHEREAS, during the full deregulation, such price display boards shall be regularly monitored by the Energy Industry Administration Bureau of the Department of Energy.

 

NOW, THEREFORE, effective 01 March 1997 or at the start of the effectivity of full deregulation, all dealers/operators of gasoline stations shall be required to display the price of each type of petroleum product sold in their establishments tin prominently installed price display boards based on the following specification requirements:

 

(1)        Backgrounds conforming to the following color coding scheme:

 

Green

 

Unleaded Premium Gasoline

Red

 

Premium Low Lead Gasoline

Orange

 

Regular Gasoline

Yellow           

 

Diesel Fuel

Light Blue

 

LPG

 

(2)        All numeric entries shall be at least six (6) inches in height and colored in black.

 

Failure to comply with this directive shall subject the violator to the corresponding administrative sanctions as may be imposed by the Bureau.

 

Your strict compliance is hereby enjoined.

 

Fort Bonifacio, Taguig, Metro Manila, January 16, 1997.

 

 

 

MARCIA F. GESMUNDO

Acting Director

Energy Industry Administration Bureau

 

APPROVED:

 

 

 

FRANCISCO L. VIRAY

Secretary of Energy

 

What do you want to do now?

 

Go back to the Top; Go back to arts home page; Laugh or Be Entertained; Destroy Cartels and Monopolies; Invest or Find a Job; Check Software or a Computer; Check out the latest News; Look for a School; Greet a Friend; Dip Into Black Gold and be Electrified; Express Yourself; Relive the Past; Get Involved in the Law. Government & Politics; Read Some Classics; Consult the laws of the Philippine Energy Sector; Philosophize; or Search.

 

This page is best viewed using Microsoft Internet Explorer 11.0.

 

Last revised:  September 15, 2016 03:21 AM.

 

Caveat EmptorOwners of the sites included herein do not explicitly endorse this page.

 

Comments, suggestions, objections, or violent reactions?

 

Let me know.