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  • DOE says oil firms can exploit legal gaps as Senate weighs law changes

    DOE says oil firms can exploit legal gaps as Senate weighs law changes

    MANILA – The Department of Energy (DOE) urged senators to grant the agency stronger legal authority to address oil hoarding as the Senate reviewed the country’s downstream oil deregulation law amid concerns over fuel price volatility and supply risks. During a hearing of the Senate Committee on Energy, chaired by Senator Erwin Tulfo, Energy Secretary…