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(From Philippine Daily Inquirer)
Byline: Abigail L. Ho
SEAOIL PETROLEUM CORP. slashed the pump price of its ethanol-blended gasoline by 50 centavos a liter effective Dec. 18.
As a way of celebrating the enactment of the Biofuels Law, Seaoil is reducing the price of Seaoil E10 by 50 centavos per liter. This makes Seaoil E10 not only the cleanest fuel, but also the cheapest fuel in the land, Seaoil president Glenn Yu said in a statement.
Seaoil, considered the pioneer in selling gasoline blended with 10-percent ethanol directly from its service stations pumps, started offering the alternative fuel in August last year.
Seaoil now …