Manila: President Ferdinand R. Marcos Jr. on Tuesday ordered government offices to implement energy-saving measures as the administration prepares contingency interventions in case global oil prices surge due to tensions in the Middle East. In a press briefing in Malaca±ang, Marcos acknowledged the need to balance energy security, price stabilization, and fiscal sustainability.
According to Philippines News Agency, while he expressed hope that the conflict would not persist, Marcos said contingency measures are in place should oil shocks be sustained. In addition, the President directed all government agencies to reduce energy consumption. 'We have given instruction to all government offices to find ways to save on energy,' he said.
He also appealed to the public to adopt energy-saving practices, including carpooling, minimizing unnecessary travel, and maximizing the use of public transportation. 'We encourage the use of public transport. punuin ninyo ang sasakyan ninyo, huwag isang tao lang ang gumagamit,' he added.
Marcos said domestic fuel supply remains sufficient, but reducing consumption could help cushion the impact of rising global prices on households. He reported that the government's fuel subsidy program will automatically be triggered if global crude prices exceed USD80 per barrel, providing targeted assistance to sectors most vulnerable to oil shocks.
The transport and agriculture sectors are among those expected to receive support, consistent with existing fuel assistance mechanisms under the national budget. The President said the government is also studying possible adjustments to fuel excise taxes if price increases are prolonged.
The Philippines imports nearly all of its oil requirements, making it vulnerable to geopolitical disruptions that affect global supply and pricing, such as the ongoing conflict in the Middle East. The government said it will issue further public advisories on energy conservation measures in the coming days.