BillBuddy
Back to bill feed
HealthEnergy
BillHBN-846920th Congress

Oil Price Stabilization Act

In committee Filed Mar 17, 2026
◷ Where it standsIn Committee
FiledCommittee2nd Reading3rd ReadingBicamEnacted

Filed on March 17, 2026, and referred to the Committee on Energy; it has been pending in the committee since then with no recorded action.

Should you care?
Relevance to you
Broad

The bill addresses fuel pricing and energy sustainability.

General publicOil industryBiofuel industryDepartment of Energy
Timeliness
Timely

The bill responds to ongoing concerns about fuel prices and energy sustainability.

Affects you ifFuel consumersOil companiesBiofuel producersEnergy stakeholders
Impact assessment
AI read — verify with source
Overall impact
6.1/ 10
Long title

Oil Price Stabilization Act

Plain-language summary
AI Summary

The Oil Price Stabilization Act amends the Biofuels Act of 2006 to mandate the use of biofuels in gasoline and diesel sold in the Philippines, aiming to stabilize fuel prices and ensure affordable petroleum products for consumers.

What this bill actually requires
RequiresAll liquid fuels for motors and engines sold in the Philippines must contain at least 5% bioethanol within 2 years of the Act's effectivity.
RequiresA minimum of 1% biodiesel by volume must be blended into all diesel engine fuels sold in the country within 3 months of the Act's effectivity.
Deadline30 days after effectivity for DOE to promulgate rules and regulations.
Deadline2 years from effectivity for 5% bioethanol requirement.
Deadline4 years from effectivity for potential 10% bioethanol recommendation.
Deadline2 years from effectivity for 2% biodiesel recommendation.
ⓘ AI-generated — verify with the source.↗ Official Senate PDF
What changes from current law

Compared with current law:

Today

No mandatory biofuel blending requirements.

This bill

Mandates specific biofuel blending percentages in gasoline and diesel.

ⓘ AI-generated comparison — verify against the bill and the cited law.
Ask this bill

The main goal is to stabilize oil prices by mandating the use of biofuels in gasoline and diesel sold in the Philippines, ensuring affordable fuel for consumers.

Source · full text
Issue areas
HealthEnergyEnergy policyBiofuelsOil price stabilizationDepartment of Energy

✦ Dashed tags are AI-suggested nuance; solid tags follow the committee taxonomy.

Legislative history
Mar 17, 2026Senate
Introduced by Representatives KRISTINE SINGSON-MEEHAN, ERIC L. OLIVAREZ, JOSE C. ALVAREZ, FAUSTINO V "INNO" A. DY, FERDINAND ALEXANDER A. MARCOS, et. al.;
Mar 17, 2026Senate
Approved on Third Reading by the House of Representatives on March 16, 2026;
Mar 17, 2026Senate
Sent to the Senate requesting for concurrence;
Mar 17, 2026Senate
Read on First Reading and Referred to the Committee on ENERGY;
✦ AI insight

Stalled: the bill was introduced and approved on third reading by the House of Representatives on March 16, 2026, but has sat in the Senate committee since being sent for concurrence on the same day.

Tap a term to decode it
Floor activity

No floor deliberations yet — this measure has not reached plenary. Its committee-stage actions appear under Legislative history above.

Full text
HBN-8469 — verbatim textAs filed

CONGRESS OF THE PHILIPPINES TWENTIETH CONGRESS First Regular Sesssion HOUSE OF REPRESENTATIVES H. No. 8469 BY REPRESENTATIVES SINGSON-MECHAN, OLIVAREZ, ALVAREZ (J.), DY (F.), MARCOS, DE JESUS, DAGOOC, SUNTAY, ACOSTA, GLEPA, YU (J.K.), YU (J.V.), MARQUEZ, RAMA, BELTRAN, ESPINA, ROMUALDO, EMANO, ONGCHUAN, VERGARA, RODRIGUEZ (R.), YAP (A.), NAVA, LAGBAS, MOMO, RODRIGUEZ (M.), COJUANGCO (M.), COLLANTES, ALBANO, SAGARBARRIA, GONZALES (R.), RODRIGUEZ (E.), ALANO, MATIBAG, KO, ESCUDERO, ROBES AND HERNANDEZ (F.) AN ACT AMENDING SECTION 5 OF REPUBLIC ACT NO. 9367, OTHERWISE KNOWN AS THE "BIOFUELS ACT OF 2006" Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. This Act shall be known as the "Oil Price Stabilization" Act.

SEC. 2. It is hereby declared the policy of the State to protect public interest by

providing reasonably-priced petroleum products to consumers. To this end, the State shall implement policies and programs to ensure the delivery of affordable fuel to the public.

SEC. 3. Section 5 of Republic Act No. 9367, otherwise known as the "Biofuels Act of

2006," as amended by Republic Act No. 10745, is hereby further amended to read as follows:

"SEC. 5. Mandatory Use of Biofuels. - Pursuant to the above policy, it is hereby mandated that all liquid fuels for motors and engines sold in the Philippines shall contain locally-sourced biofuel components as follows: 5.1. Within two (2) years from the effectivity of this Act, at least five percent (5%) bioethanol shall comprise the annual total volume of gasoline fuel actually sold and distributed by each and every oil company in the country, subject to the requirement that all bioethanol blended gasoline shall contain a minimum of five percent (5%) bioethanol fuel by volume: Provided, That the ethanol blend conforms to PNS. 5.2. Within four (4) years from the effectivity of this Act, the NBB created under this Act is empowered to determine the feasibility and thereafter recommend to the DOE to mandate a minimum of ten percent (10%) blend of bioethanol by volume into all gasoline fuel distributed and sold by each and every oil company in the country. In the event of supply shortage of locally-produced bioethanol during the four-year period, oil companies shall be allowed to import bioethanol but only to the extent of the shortage as may be determined by the NBB. 5.3. Within three (3) months from the effectivity of this Act, a minimum of one percent (1%) biodiesel by volume shall be blended into all diesel engine fuels sold in the country: Provided, That the biodiesel blend conforms to PNS for biodiesel. Within two (2) years from the effectivity of this Act, the NBB created under this Act is empowered to determine the feasibility and thereafter recommend to DOE to mandate a minimum of two percent (2%) blend of biodiesel by volume which may be increased taking into account considerations including, but not limited, to domestic supply and availability of locally-sourced biodiesel component: Provided, That natural gas power generating plants may use neat diesel as their alternative fuel during shortages of natural gas supplies: Provided, however, That the DOE shall ensure that the authority granted herein shall only be availed of, directly or indirectly, by natural gas power plants. PROVIDED, FURTHER, THAT THE PRESIDENT, UPON THE RECOMMENDATION OF THE NBB AND THE DOE, MAY SUSPEND THE MANDATORY USE OF LOCALLY-SOURCED BIOFUELS, THROUGH AN

EXECUTIVE ORDER, FOR A PERIOD NOT LONGER THAN ONE (1) YEAR IF THE PRICES FOR BLENDED GASOLINE AND/OR DIESEL ENGINE FUELS ARE AT LEAST FIVE (5%) HIGHER COMPARED TO PURE GASOLINE AND/OR DIESEL ENGINE FUELS."

SEC. 4. The DOE shall, in consultation with the NBB, the stakeholders, and other

agencies concerned, within thirty (30) days after the effectivity of this Act, promulgate rules and regulations to effectively implement the provisions of this Act.

SEC. 5. All laws, decrees, ordinances, rules, regulations, other issuances or parts

thereof which are inconsistent with this Act are hereby repealed, amended, or modified accordingly.

SEC. 6. If for any reason, any part or provision of this Act is declared

12. unconstitutional or invalid, the other parts or provisions hereof, which are not affected thereby, shall continue to be in full force and effect.

SEC. 7. This Act shall take effect fifteen (15) days after its publication in the Official

Gazette or in a newspaper of general circulation. Approved,

Reproduced from the Senate document. The official PDF is the authoritative version.