PH oil firms (private + PNOC) paid ABOVE market prices to secure supply in the 2026 crisis.
Tight global markets + Middle East disruptions = 10-20% premiums on spot buys, high freight/insurance, & transfer pricing by multinationals inflating landed costs.
95% imported fuel isn’t cheap.

The global benchmark for crude oil prices is Brent Crude (also known as Brent Blend).

📍 PH has enough fuel (45-60 days stock, no shortage) but pump prices are skyrocketing.
Why? Local pump prices DIRECTLY FOLLOW WORLD MARKET prices.
Global crude oil exploded due to US-Israel strikes on Iran & Strait of Hormuz chaos. PH imports 90% from Middle East + deregulated system = full pass-through of global prices.
Geopolitics, not conspiracy.

Spanian walked Brussels expecting Europe's beauty but saw decay: rubbish everywhere, sex shops, piss stench, high shootings near North Station, Europe’s most dangerous South Station w/ public defecation & drugs. At EU HQ: perfectly fitting. Verdict: rotten to the core.
https://www.youtube.com/watch?v=YVLPU6KXGUY

Amid PH fuel crisis & Senate probe, Marcoleta claims oil firms earn ₱3B/day profits. Ang fires back: “Not Petron!” Offers full books to COA/public audit. “We’re not exploiting the crisis.” Securing more supply.

Everything taught about the world will change; stay flexible.

Individuals and nations must mentally prepare for a harsher, more localized, crisis-prone future focused on resilience, community, spirituality, and youth leadership.

In future crises & scarcity, nations need massive collective sacrifice from citizens. Only transparent & free societies can pull this off — people must trust leaders are fair & not hoarding resources. In opaque systems, resentment wins and the nation collapses. Freedom = practical survival tool.

Nations must move from efficiency (cheap, fast, profit-maximizing) to resilience (prepare for crises, adapt or die).