PD 334 Section 2

Declaration of Policy.

Section 2

SEC. 2. Declaration of Policy. — It is the declared policy of the State to promote industrial and overall economic development through the effective and efficient utilization of energy sources, including oil and oil-based resources. In line with this policy, the establishment of an organized entity is necessary in order to assure adequate supply of oil and oil products to all users and consequently to enable the unimpeded and efficient growth of the economy.

Read the full instrument →

Other provisions in PD 334

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 334 Section 2 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

Continue your research

PD 334, full textThe complete text of this law, so you can read this section in contextPhilippines legislation Philippine Laws by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and year Philippines: what this database coversWhich datasets are here, which official source they come from, and how current they arePhilippines overview