“We must review oil deregulation law and study the following: Removing VAT, lowering tariff, re-imposing price ceilings and prohibiting price manipulation. We should also spend on research and development to find alternate and indigenous sources of energy. The summit will not accomplish anything other than to highlight the ignorance and incompetence of energy officials who need to call a summit just to find out what’s going on.”

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About Francis Escudero

Filipino politician and lawyer

Francis Joseph “Chiz” Guevara Escudero is a Filipino politician and lawyer. He has served as a senator of the Philippines since 2022, after an earlier Senate term from 2007 to 2019, and he was the 31st president of the Senate from 2024 to 2025. A member of the Nationalist People's Coalition, Escudero has been a visible figure in Philippine national politics for many years. He ran for vice president in 2016 as Grace Poe’s running mate, but did not win.

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