Nasecor to Marcos: Make economic appeal to cut down oil consumption

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Nasecor to Marcos: Make economic appeal to cut down oil consumption
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The National Association of Electricity Consumers for Reforms, Inc. called on President Ferdinand Marcos Jr. to make an economic appeal for the public to cut down on oil consumption after OPEC+ producers announced price cuts.

— The National Association of Electricity Consumers for Reforms, Inc. on Monday called on President Ferdinand Marcos Jr. to make an economic appeal for the public to cut down on oil consumption after OPEC+ producers announced price cuts.

“The President can make an economic appeal. Not only to the big businessmen but to the common [people] - the motorists - to cut down on their travel so the OPEC+ will see equally how we respond to their decision to cut production,” Ilagan told CNN Philippines’ The Final Word.The cuts will start in May and last through the end of the year, an official with the Saudi Ministry of Energy was quoted as saying by Saudi state-run news agency SPA.

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