Sotto seeks repeal of oil deregulation law

2026-03-18 - 01:50

MANILA, Philippines — Senate President Vicente “Tito” Sotto III has filed a bill to repeal the oil deregulation law, which will allow government to have the power to determine prices of petroleum products. Sotto introduced on Tuesday Senate Bill No. 1984, seeking to repeal the 28-year old Republic Act No. 8479 or the Downstream Oil