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Over 400 gas stations close amid oil price surge; PNP investigates

admin March 23, 2026

THE Philippine National Police (PNP) is investigating potential illegal activities as the number of closed gas stations across the country has surged to 403 amidst escalating oil prices.

This marks a significant increase from the 273 stations reported closed just last Wednesday, out of the 14,313 stations being monitored nationwide.

Brig. Gen. Randulf Tuaño confirmed the rising number of closures, stating, “Mula po siya sa 273 noong Miyerkules at umabot na nga po siya sa 403.”

The PNP, in coordination with the Department of Energy (DOE), is actively investigating whether hoarding or profiteering practices are contributing to these widespread closures. Despite the growing number of stations ceasing operations, authorities have assured the public that the country’s oil supply remains sufficient until mid-April.

Legal actions have already been initiated in Nueva Vizcaya, Eastern Samar, and Albay, with cases filed concerning illegal selling, hoarding, and profiteering.

The PNP has issued a stern warning that it will take decisive action against any illegal schemes employed by gas station owners. General Nartatez acknowledged the difficulties faced by station owners due to the global situation but emphasized that the police will act swiftly against any illicit activities.

“We in the PNP fully understand the situation that gas station owners face amid the challenges brought by the situation in the Middle East. But if the sudden closure is for an illegal scheme, then expect police action on this matter,” he stated.

The investigation aims to ensure the stability of the fuel supply and protect consumers from potential exploitation during this period of economic pressure.

The PNP and DOE are committed to maintaining transparency and preventing any artificial scarcity that could further exacerbate the impact of rising global oil prices on the Filipino populace. Authorities urge the public to report any suspicious activities related to fuel supply and pricing.

Tags: gasoline price

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Source: USD/PHP @ Fri, 8 May.

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