Ejercito urges DOE to boost fuel reserves to lower fuel prices

Ejercito urges DOE to boost fuel reserves to lower fuel prices

MANILA, Philippines — Sen. JV Ejercito urged the Department of Energy (DOE) to strengthen the country’s strategic fuel reserves to ensure a stable, reliable supply of gasoline and help lower petroleum product prices. According to a statement issued on Sunday, Ejercito made the call last Thursday during the hearing of the Senate Committee on Finance, which he chairs, on the proposed 2027 DOE budget, when he asked about the government’s plans for its fuel reserves. “We found out how important it w