Posts Tagged ‘freezing fuel prices’

Palace rejects talks with oil companies

Friday, November 6th, 2009

MANILA, Philippines — Malacañang on Thursday rejected the appeal of oil companies for a dialogue with President Gloria Macapagal-Arroyo on the possible recall of an executive order freezing fuel prices in Luzon, which remains in a state of calamity.

But Justice Secretary Agnes Devanadera indicated that the order may soon be lifted in specific areas as the government and oil firms try to reach an agreement on a mutually acceptable response to the devastation wrought by successive storms.

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