WHEREAS, under Department Circular No. 2003-01-001, the Department of Energy adopted guidelines to implement the minimum inventory requirement of all oil companies and bulk suppliers operating in the country to ensure a continuous, adequate and stable supply of petroleum crude oil and products in cases where domestic and international events threaten or restrict the supply of petroleum crude oil and products to the Philippines, such as but not limited to, terrorist attacks, armed conflict in the Middle East and in other regions and other similar events.