The Chokepoint: Why the Strait of Hormuz Matters
The "War Risk Premium" and Our Vulnerability
Local Impact: Cagayan de Oro Price Watch
- Price Monitoring: The Department of Energy (DOE) has suggested Mindanao pump prices should be around $P69.59$ for diesel and $P71$ for gasoline. However, reports have surfaced of some local stations selling diesel for as high as $P92$ per liter.
- Cracking Down on Profiteering: The DOE has already issued show-cause orders to six gasoline stations right here in Cagayan de Oro for alleged fuel price manipulation under City Ordinance No. 11-240.
- Support for Drivers: To cushion the blow, LTFRB Region 10 has identified 10,369 beneficiaries across Northern Mindanao for the government's $P5,000$ fuel subsidy program.














