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Francisco Tatad vs Secretary of the Department of Energy [ SEPARATE OPINION FRANCISCO, J.]

FRANCISCO S. TATAD, petitioner, vs. THE SECRETARY OF THE DEPARTMENT OF ENERGY AND THE SECRETARY OF THE DEPARTMENT OF FINANCE, respondents. [SEPARATE OPINION FRANCISCO, J.]

G.R. No. 124360 | 1997-11-05

Separate Opinions
 
FRANCISCO, J ., dissenting: 
 
The continuing peso devaluation and the spiraling cost of commodities have become hard facts of life nowadays. And the wearies are compounded by the ominous prospects of very unstable oil prices. Thus, with the goal of rationalizing the oil scheme, Congress enacted Republic Act No. 8180, otherwise known as the Downstream Oil Deregulation Act of 1996, the policy of which is "to foster a truly competitive market which can better achieve the social policy objectives of fair prices and adequate, continuous supply of environmentally-clean and high quality petroleum...