DOE EIAB MEMORANDUM CIRCULAR NO. 97-01-001

: The legal basis cited is Rule IV Section 12(b) of the Implementing Rules and Regulations of Republic Act No. 8180 (Downstream Oil Industry Deregulation Act of 1996).
: RA 8180 aims to deregulate the downstream oil industry to foster a truly competitive market, better achieving social policy objectives of fair prices and adequate, continuous supply of environmentally clean and high-quality petroleum products.
: They are for the convenience of the public and for monitoring of prices of petroleum products.
: It is effective 01 March 1997 or at the start of the effectivity of full deregulation.
: All dealers/operators of gasoline stations.
: The price of each type of petroleum product sold must be displayed in prominently installed price display boards.
: Green.
: Red.
: Regular Gasoline.
: Diesel Fuel.
: Kerosene is White; LPG is Light Blue.
: All numeric entries must be at least six (6) inches in height and colored in black.
: The Energy Industry Administration Bureau of the Department of Energy.
: Violators shall be subject to corresponding administrative sanctions as may be imposed by the Bureau.
: It enjoins strict compliance with the directive.
: Even during deregulation intended to foster competition, the circular imposes a mandatory consumer-information and monitoring mechanism by requiring standardized price display boards.