About GALOC Oil in Palawan, I strongly suggest we should close it.
We are buying crude oil from it at $80 per barrel. While, Dubai crude is at around $60 per barrel.
Why sacrifice our seas for potential oil spill if we can buy cheaper oil from the Middle East.
GALOC Oil venture is a lossing enterprise. All parties are lossing, but the biggest lossers are us, the Filipinos because we have the biggest risk.
Palawan is home for the underground river, a promising winner for the New Seven Wonders of the World and a great tourist attraction. We should not combine Oil and Tourism Industry.
Linkback:
https://tubagbohol.mikeligalig.com/index.php?topic=12959.0