Section 1
SECTION 1. It is hereby declared to be the national policy to prevent monopoly, hoarding, injurious speculation, manipulation and profiteering with respect to the supply, distribution and marketing of the following articles or commodities, whether imported or locally produced or manufactured, and to fix the maximum prices, consistent with the policies of the State to increase production and productivity, of such of these commodities as are essential to the public interest: Medicines, drugs, surgical, optical and dental supplies; Essential food and foodstuffs including milk, soft drinks and other beverages; Animal and poultry feeds and veterinary supplies: Clothes, clothing, and sewing and weaving materials and supplies; Fuels, lubricants, crude oil and petroleum products, without prejudice to any action which the Oil Industry Commission may hereafter take under the provisions of R.A. 6173. Construction materials; Educational and office supplies and equipment; Fertilizers, insecticides, pesticides and other agricultural inputs; Motor vehicles and spare parts, tires, batteries engines and other machineries; Household utensils, appliances and other household necessities; Footwear including all the components thereof.