Yours is the 64 thousand dollar question. No simple answers. It’s not only a Philippine problem – similar things are happening in California, for example.

I’m moving toward the opinion, however, that not a single peso should be invested on energy in the Philippines that doesn’t actually “lower” the price.

Not provide a promise of lower costs in the future at the expense of higher short-term costs or provide some general theoretical basis for lower costs, but actually lowers it today. Not enough focus on that.

I think I’ll try to test that theory as we go along in the new year and see how it plays out.

Then my question is, if the natural gas is indeed flowing and abundant, how come power prices are still very expensive in the Philippines.

I know the PPA contracts that Ramos propagated during his term have pegged energy prices at a high rate despite its abundance.

Hey I am glad you started this blog, we need more of these in the bloggosphere!

Hey, I will link you to my blog!