Photo courtesy of Liza Agoot/PNA.
The Department of Trade and Industry (DTI) in the Cordillera issued a warning to businesses against exploiting the ongoing fuel crisis through hoarding and overpricing of goods.
Regional director Raymond Panhon said violators may face not only fines but also possible imprisonment under existing laws.
He urged the public to report suspected violations to DTI offices or other government agencies, stressing that such practices are prohibited.
Panhon said the current situation is affecting everyone and should not be used as an opportunity for abuse.
Assistant regional director Samuel Gallardo said monitoring efforts have been intensified, with additional personnel deployed to provincial consumer protection units.
He noted that the region maintains a buffer stock of essential goods that could last between 30 and 60 days.
Local price coordinating councils across provinces and municipalities have also been activated to keep track of supply levels and prices.
Authorities said there have been no reports of panic buying or complaints of profiteering so far, as they continue to promote responsible consumer behavior and assure the public of adequate supply.