It is very surprising that oil price in the Philippines bubble up. The answer of this problem can be solve by studying the way of norways in handling the oil price increase as you can see Norway have low price in 2006 and 2008. This means that there government make an action in the increase of oil price in the international market. The Philippine Government have to study this matter to build a new trend of pricing in the market. I published this article because it is always surprising that in every increase in oil price there is a problem in everything. To the president of the Philippines you have to check the stocks of oil, the delivery and the demands of your country.
I think the supply and demands of the country is not a problem but only the big three. Another one is use solar energy if you want to save some money. You just need to invest but this is for the long period of time.
There are lots of study in America that you can save much money if you use solar energy. Hope this will help the Philippines.
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