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Pump Price Rollback Set on August 24

Update on Pump Price Rollback in Several Fuel Stations

PUMP PRICE ROLLBACK – A rollback is set to take place on the prices of fuel such as diesel and kerosene on August 24, 2021.

Undeniably, in the Philippines, among the progressive businesses are fuel stations. Truth be told that more and more businessmen are considering the construction of a fuel station recognizing its necessity in the lives of the people.

People who have their own vehicles have their cars and motorcycles load with fuel at least once a week for those who do it in a full tank purchase. Some car owners have trips to the fuel station at least thrice or four times a week depending on their destinations.

Aside from private vehicles, public transportation also plays a big part in the earnings of pump stations. In fact, their trips to the stations for fuel may be more frequent compared to those of private cars and motorcycles.

Pump Price Rollback
Photo: Philippine Star

With fuel now being a necessity in people’s day-to-day living, an increase in the prices or a rollback affects a lot of people. Not only the drivers are affected but as well as the passengers as an increase may be followed by an increase in the passenger fare in jeepneys, motorcycles, train stations, and other public transportation.

Recently, a good news for the drivers and the commuters crossed the surface. A pump price rollback is set to take place on diesel and kerosene starting August 24, 2021.

Based on a report on ABS-CBN News, fuel stations Shell, Caltex, Cleanfuel, and Petro Gazz announced a P0.80 pump price rollback on every liter of gasoline while the price of diesel will be P0.75 less per liter.

According to Shell, Seaoil, and Caltex, they will also implement a rollback of P0.90 on every liter of kerosene. The rollback in the said pump prices is effective starting 6:00 in the morning of August 24, 2021 except for Caltex that will implement it starting 12:01 in the morning and Cleafuel at 8:01 in the morning.

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