Our country, the Philippines, is believed to have rich source of fossil fuel. However, the problem is how to mine it. Foreign investors are usually allowed by government to explore prospect sites. For example, one latest findings of reservoir sands and hydrocarbon at Dabakan in Mapun island, Tawi-Tawi in southern Philippines by the Exxon Mobil Corp., is now in progress. This discovery of hydrocarbons considered to occur naturally in unprocessed petroleum has prompted the company to invest another $100 million for the drilling of another well, news reports says.Significant oil and gas reserves have also been discovered in Malampaya and Galuc fields in Palawan.
There are other sites of more fuel reserves being mined by foreign investors and yet our country imports expensive oil. Isn't it embarrassing that our country which is rich in fossil fuel underneath, is again being threatened by power shortage, the timing of which is projected to be on the 2010 election day? In fact, it is already beginning to happen these days.
Here, let me share you my personal observation and suggestions to my countrymen along this energy problem. I want to share my views and opinion, in the hope that it would also serve as an eye-opener to people in underdeveloped or developing countries as well, in the following oration piece I wrote for my daughter in high school which she delivered as a contest piece. From this , you can deduce about