Discontinuance of the Coupon System in Gasoline Allocation
Letter of Instructions No. 178-A, issued on March 30, 1974, announces the discontinuation of the coupon system for gasoline allocation in the Philippines, effective April 1, 1974. This change allows gasoline stations and distributors to serve customers without requiring gas receipts or issue cards. However, due to rising crude oil costs impacting foreign exchange reserves, the directive emphasizes the need for conservation measures to reduce gasoline consumption. The Philippine National Oil Company (PNOC) is tasked with drafting these measures, which will be disseminated to the public and implemented by relevant government departments.
March 30, 1974
LETTER OF INSTRUCTIONS NO. 178-A
| TO | : | Secretary Juan Ponce Enrile |
| Secretary Jose A. Roño | ||
| Chairman Geronimo Z. Velasco | ||
| Chairman Ponciano Mathay |
In the light of the easing up of the available crude oil supply for the country and to provide the impetus with which to maintain the momentum of our economic growth, effective April 1, 1974, the coupon system (gas receipts and gas issue cards) in gasoline allocation is hereby discontinued. Gasoline stations and other distributors or dealers of gasoline and other gasoline products to the public shall continue to serve their customers without the need of coupons.
As a corollary measure however, in the light of the increased cost of crude oil necessitating a heavy drain on our foreign exchange reserves, and a possible increase in the price of gasoline and other petroleum products, further conservation measures should be adopted to effect economics in the use of gasoline and other petroleum products. The Chairman of the PNOC is directed to draft conservation measures in line with this directive.
The Department of Public Information, through Mass Media, is directed to disseminate such measures to the public and the Department of National Defense and the Oil Industry Commission together with the Department of Local Government and Community Development shall implement such conservation measures issued pursuant to the above authority.
March 30, 1974.