The Distinguished Gentleman from Albay, Rep. Al Francis Bichara , filed a bill that will put an excise tax worth P2.50 on every bag of plastic consumed so as to discourage its use.
According to him, this is so as to deter the long-term effect it has on the environment. He said that plastic bags help contribute to flooding in cities by clogging up drainage’s as well as it yearly kills millions of animals that get trapped in improperly discarded plastic bags. Most important was that it is a by product of oil, which is a nonrenewable resource.
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Department of Energy (DOE) Secretary, Angelo Reyes, said that Philippine Oil production will reach roughly 30,000 barrels of oil a day once Galoc Oil Field, off the coast of Palawan, goes online next week (June 16).
According to Opposition Sen. Allan Peter Cayetano, The Philippine President failed to ensure that the different fuel sources will be taxed uniformly in the modified Electric Power Industry Reform Act (Epira). 

