Source: Fortune.com
Summary
Philippine President Ferdinand Marcos Jr. has declared a state of national energy emergency due to the impact of the Middle East war on the country’s energy supply. The declaration, which will last for a year, allows Marcos to lead a contingency committee to ensure the availability and distribution of essential goods. Authorities have been ordered to take action against hoarding and profiteering of petroleum products. The government is also providing financial assistance to public transport workers and offering free bus rides to students and workers.
Our Reading
The numbers tell one story.
Marcos Jr. takes the reins in a familiar crisis management role. The declaration of a state of national energy emergency is a move to demonstrate control. The government’s actions aim to alleviate the impact of soaring fuel prices on the population. Meanwhile, the fate of 2.4 million Filipinos in the Middle East hangs in the balance. “A crisis is a crisis, until it’s a photo opportunity.”
Author: Evan Null
