Philippines energy crisis managers on top of situation
Posted: Wed 19 Apr 2006, 17:46:36
>Energy crisis managers on top of situation
>MANILA, PHILIPPINES - Following the abrupt shoot-up of oil price in the world market due to the existing tension between US and Iran, and the current insurgency in Nigeria, Malacañang assured the Filipino nation that its energy crisis managers are on top of the situation.
>“We already have strong safety nets in place to lessen the impact of rising oil prices on the cost of the basic commodities,” Press Secretary Ignacio Bunye said
>
Whew...I can relax now that I know someone has figured out how to solve the peak oil 'problem'. Excuse me while I head to the beach in my new SUV...
I had to chuckle this morning when the radio guy cheerfully said , 'And oil prices reached record highs today due to international tension'...as if that's the only thing that's sending oil prices to the moon. I guess it's only human nature to 'name the blames', but I keep wishing for the media to just come out and say it, '...and oil reached record high prices again today due to massive consumption and limited supply. OPEC now admits that it is powerless to increase production to mitigate the crisis.
Iran is making things worse, but peak oil is HERE. NOW. Is the public starting to get it???
>MANILA, PHILIPPINES - Following the abrupt shoot-up of oil price in the world market due to the existing tension between US and Iran, and the current insurgency in Nigeria, Malacañang assured the Filipino nation that its energy crisis managers are on top of the situation.
>“We already have strong safety nets in place to lessen the impact of rising oil prices on the cost of the basic commodities,” Press Secretary Ignacio Bunye said
>
Whew...I can relax now that I know someone has figured out how to solve the peak oil 'problem'. Excuse me while I head to the beach in my new SUV...
I had to chuckle this morning when the radio guy cheerfully said , 'And oil prices reached record highs today due to international tension'...as if that's the only thing that's sending oil prices to the moon. I guess it's only human nature to 'name the blames', but I keep wishing for the media to just come out and say it, '...and oil reached record high prices again today due to massive consumption and limited supply. OPEC now admits that it is powerless to increase production to mitigate the crisis.
Iran is making things worse, but peak oil is HERE. NOW. Is the public starting to get it???