{
  "id": 10732843,
  "title": "DOE orders monthly fuel cost reports",
  "url": "https://urgent.news/2026/09/29/doe-orders-monthly-fuel-cost-reports",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-29T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/09/30/2559819/doe-orders-monthly-fuel-cost-reports"
  },
  "original_language": "en",
  "account": "The Department of Energy (DOE) has mandated oil companies to submit monthly reports detailing the cost components of liquefied petroleum gas (LPG) and kerosene. This move is part of an ongoing review of the excise tax suspension, ordered by President Marcos on September 25. The data garnered from these reports will assist the government in deciding whether to prolong, adjust, prolong further, or terminate the suspension.\n\nUnder Executive Order 125, a tax exemption is granted to LPG, except when utilized as a raw material for petrochemical production or as a motive power source. Similarly, kerosene is exempt from excise tax, barring its use as aviation fuel. The Bureau of Internal Revenue issued a memorandum circular to renew the suspension of excise taxes on LPG and kerosene.\n\nTaking the existing excise tax rates into account, the suspension reduces LPG prices by P3.36 per kilogram, which amounts to P36.96 for a typical 11-kilogram cylinder. Kerosene prices, on the other hand, will be decreased by P5.60 per liter.\n\nEnergy Secretary Sharon Garin emphasized that for many families, LPG and kerosene are essential elements of their monthly budget. Her priority is to ensure that the tax relief is promptly reflected in the market, so that the savings benefit Filipino households as swiftly as possible. The decision to suspend excise taxes on these fuels was based on the DOE's one-month average Dubai crude oil price, which reached $99.41 per barrel from August 13 to September 11. Under Republic Act 12316, the President has the authority to suspend or reduce fuel excise taxes when the average Dubai crude price exceeds $80 a barrel for a month.\n\nFollowing the declaration of a national energy emergency, Marcos initially suspended excise taxes on LPG and kerosene in April, but reinstated them in July.",
  "summary": "Oil firms are now required to submit monthly reports on the cost components of liquefied petroleum gas and kerosene as part of the review of the excise tax suspension.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}