FUEL PRICE ALERT: “Jumbo” Hike Set for March 17

Brace yourselves at the pumps. Energy Secretary Sharon Garin confirmed today that gasoline and diesel prices will see another double-digit surge due to the escalating conflict in the Middle East.

Estimated Price Adjustments (Per Liter)

Fuel TypeEstimated IncreaseNew Projected Price (NCR)
Diesel+₱20.40 to ₱23.90~₱100.00
Gasoline+₱12.90 to ₱16.60~₱90.00+
Kerosene+₱6.90 to ₱8.90~₱95.00+

The “Staggered” Implementation

To prevent a “one-time big-time” shock, several major oil firms have agreed with the DOE to implement these hikes in staggered tranches between March 17 and March 19:

  • Petron, Shell, and Flying V: 3-day staggered rollout.
  • Seaoil and Total: 2-day staggered rollout.

Impact on the March 20 Long Weekend

This hike hits exactly as thousands of Filipinos prepare to drive to the provinces for the Eid’l Fitr break.

  1. Provincial Bus Fares: The LTFRB has already released an updated Fare Guide as of March 14, reflecting provisional increases for provincial public utility buses (PUBs).
  2. Transport Strike: Be advised that PISTON has announced a transport strike beginning this Thursday, March 19, to protest the soaring fuel costs. This may severely affect commuters trying to leave the city early.
  3. Fuel Subsidy: The government is set to begin rolling out a ₱5,000 fuel subsidy starting tomorrow, March 17, for approximately 360,000 qualified tricycle drivers and transport operators.

Tips for Motorists Today

  • Gas Up Tonight: If you are planning a road trip this Friday, fill your tank before midnight tonight (March 16). Even with staggered hikes, the first “tranche” hits tomorrow morning.
  • Check the Fare Guide: If you are commuting via provincial bus, check the latest LTFRB Fare Guide at the terminal to ensure you aren’t being overcharged.
  • Long Weekend Guide: How to Spend the March 20–22 Long Weekend for Under ₱5,000

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