Energy Regulatory Commission

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The Algorithm for the Price Control of Petroleum Products

Requested from ERC by Bong Merioles at 10:54 AM on Jul 25, 2018.
Purpose: For educational research
Date of Coverage: 07/21/2018 - 07/21/2018
Tracking no: #ERC-599590785830

Bong 10:54 AM, Jul 25, 2018

Hi,

I would like to know the input parameters, market factors and conditions, algorithms, and other relevant information that the ERC uses to calculate and control the prices of petroleum products in the market.
September 21, 2018

Dear Bong Merioles,

Greetings!

Thank you for your request dated Jul 25, 2018 10:54:51 AM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for The Algorithm for the Price Control of Petroleum Products.

Response to your request

We regret to inform that fuel prices are not within the purview of the Energy Regulatory Commission (ERC). 

Thank you.

Respectfully,
FOI Receiving Officer
FOI Officer

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