Manila, March 3 -- 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 Malacanang, Marcos acknowledged the need to balance energy security, price stabilization and fiscal sustainability.
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 publ...
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