Government sanctioned exploitation: Illegality of the automatic oil pricing mechanism in the downstream oil industry deregulation act of 1998

• Main Authors: Banguis, Francisco C., Jr., Simagala, Krisha Mariel B., Soledad, Alexandra G.
• Format: text
• Language: English
• Published: Animo Repository 2019
• Subjects: Petroleum products—Prices—Law and legislation; Law
• Online Access: https://animorepository.dlsu.edu.ph/etdm_law/20
• Institution: De La Salle University

The power crisis experienced by the Philippines in the early 1970’s decelerated the progress of national economy prompting the government to plan reforms and rehabilitation programs to resolve it. Former President Fidel V, Ramos revived the plans to liberalize the oil industry. In response, the Phil...