A substantial rollback in fuel prices will take effect next week, delivering much-needed relief to consumers, with diesel expected to fall by more than P24 per liter, gasoline by P3.41, and kerosene by P2, according to government estimates.
President Ferdinand R. Marcos Jr. sought to reassure the public, saying better days are ahead as global oil prices ease.
“Batid namin ang sitwasyon ng bawat Pilipino sa panahong ito. Hindi tayo titigil, hindi tayo uurong, at hindi natin hahayaan na ang ginhawang ito ay hindi makarating sa taong-bayan,” the President said in a video message on April 18.
He stressed that the latest rollback is significantly larger than the previous week’s adjustment, signaling more meaningful relief for households and transport operators.
“Malinaw ang ibig sabihin nito para sa ating lahat—may ginhawang parating,” he added.
Marcos also directed oil companies to implement the reductions fully, accurately, and without delay, emphasizing that the benefits must be immediately felt by consumers. He urged the public to report any discrepancies to the Department of Energy, vowing swift action against violators.
Support measures for the transport sector will remain in place. The P10 fuel discount for public utility vehicles (PUVs), including buses and jeepneys, will continue alongside the government’s service contracting program for drivers.
Meanwhile, the Department of Transportation has granted a three-month extension for expiring driver’s licenses, student permits, conductor’s licenses, and vehicle registrations.
Motorists with registrations due this month will have until July to renew without penalties.
“Ang bawat sentimo na ibinababa ay dapat maramdaman ng bawat Pilipino,” said Marcos, underscoring the administration’s push to ensure that falling fuel prices translate into tangible savings for commuters and families.
