DOE assures no price hikes for LPG, lubricants

The Philippine Department of Energy (DoE) said there will be no price hikes for liquefied petroleum gas (LPG) used for cooking and lubricants by oil companies to cushion the impact of the recent flooding in the country which affected millions of households. The government has declared a state of calamity nationwide following the devastation brought about by Typhoon Ondoy. Pilipinas Shell Petroleum Corp. Country Manager Ed Chua confirmed that Shell will not raise the prices of lubricants and LPG, even if there is a slight increase in cost, to help in the rehabilitation of typhoon-damaged areas. Other oil firms have yet to say if they will also be holding back price increases. (October 4, 2009)