^
+ Follow CEDRIC BAGTAS Tag
CEDRIC BAGTAS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 285525
                    [Title] => Review panel upholds oil industry deregulation
                    [Summary] => There is no evidence of the existence of an oil cartel and the deregulated oil industry should continue.


This was the main recommendation of the Independent Review Committee (IRC) on oil deregulation tasked by the Department of Energy (DOE) to assess the Oil Deregulation Law earlier this year amid rising world crude prices that saw local oil companies frequently raising pump prices.
[DatePublished] => 2005-07-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 276270 [Title] => Oil firms warned against another price hike [Summary] => The Department of Energy yesterday warned oil firms against increasing oil prices again pending the result of an ongoing investigation by the DOE and the Department of Justice (DOJ).

A DOE-DOJ task force is determining if the petroleum companies have been unjustly raising their prices.

Oil company officials could go to jail and be required to pay fines if their companies are found to have increased their prices unreasonably, Energy Undersecretary Peter Abaya said.
[DatePublished] => 2005-05-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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