00:00As tensions in the Middle East mountain reaches the country in the form of shockwaves and the prices of gas
00:05at the pump and petroleum products,
00:08the Energy Secretary assures there is sufficient supply in the country.
00:11But what is the problem? Astroid Lagusad tells us more.
00:18Panic buying will not help. This is what the Department of Energy emphasized to the public.
00:23According to Energy Secretary Sharon Garin, there is sufficient oil supply in the country and the problem is, it's high
00:29price.
00:30This follows the unrest in the Middle East.
00:32Marami dyan gagawin nila pupunta ng gas station at magpapagas at magdadala ng container good enough for 8 weeks.
00:42E paano naman yung mga driver natin na araw-araw isil po nagsiservisyo sa mga pasahero natin?
00:48She said gas stations have limitations when it comes to supply capacity.
00:52The President earlier emphasized that there should be no hoarding and profiteering or exploitation amid the current situation.
00:59Hindi po advisable po na mag-store kayo ng gasolina sa bahay ninyo na kung ilang containers yan.
01:07Hindi po safe yan at baka ma-perwisyo pa po yung pamilya ninyo.
01:13Ang ano ko lang po, inaalaw na lang po namin yung pagbili sa containers sa mga fisher fox natin, sa
01:19mga hospitals natin, yung mga gensets, sa mga nagninegosyo po na kailangan talaga naka-container siya.
01:28Meanwhile, the department continues to coordinate with all companies regarding their supply.
01:33This is to ensure that they are already ordering or securing their supplies.
01:37She said they are awaiting reports on who have already received new supplies.
01:41According to Garin, the country currently has around 50 days worth of oil reserves.
01:46At the same time po, yung gobyerno mismo are also looking for other suppliers na para lang siguraduhin na pagkatapos
01:57ng 50 days na to, mayroon pong parating na po.
02:00She said that due to the situation, another increase in oil prices is expected next week.
02:05Rod Lagusad, from the National TV Network, for a new and better Philippines.
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