Running on fumesI walked out of the recent House of Representative’s fuel crisis hearing with a number that I could not shake off: 50.42 days. This is how long our oil supply is expected to last. With fuel prices nearing P200 per liter, drivers are forced to choose: continue operating at a loss, or stop altogether. A disruption in critical chokepoints such as the Strait of Hormuz was never a remote scenario, but a foreseeable risk embedded in our very energy supply chain. I hope the recent easing of global oil prices signals the beginning of some relief at the pump.

Source: Philippine Star April 11, 2026 23:31 UTC