Presidential candidate Ferdinand ‘Bongbong’ Marcos Jr. reiterated to have a Oil Price Stabilization Fund (OPSF) in the country.
According to Marcos in The Deep Probe-SMNI Presidential Candidates Interview, this will help slow down the imposition of high prices on petroleum products.
“Let’s say if the price increase is from Sunday to Monday, instead of increasing the full— let’s say we’re going to increase by I don’t know… by P5, that’s it. Instead of doing it all in one shot, we do it slowly be have a stabilization fund,” Marcos said.
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In the OPSF, all oil companies will contribute a portion of their revenue for such funds.
In this way customers are helped from the sudden rise in price.
Meanwhile, BBM believes it is time to re-evaluate the capacity of the Bataan Nuclear Power Plant (BNPP) to see if it can really help the country’s energy mix.
This is also to reduce the importation of expensive oil from other countries.
At the same time, BBM also demanded that BNPP politics be put in place.
“Let’s just follow the science because dito naging political eh, sa Pilipinas. It’s also political in other places but in our particular case, the reason we have no nuclear power plant at all is pure politics. Did not really follow the science,” Marcos added.
Also said, “Even after Fukushima, when everybody was saying nuclear power is kailangan nating pag-aralan ulit yan. Mukhang delikado, walang nagbago ng kanilang pagplano na pagpatayo ng nuclear power plant kahit saan. Amerika, tuloy-tuloy parin. Sa France, majority of their power is already created in nuclear power.”