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Philippines energy crisis comparison 1973 vs 2026

Latest Daily Tribune news and analysis on Philippines energy crisis comparison 1973 vs 2026.

  1. 1973 was a supply and FX crisis that forced rationing and new state institutions; 2026 is (so far) a price and confidence shock cushioned by remittances, a more diversified power mix, and safer, market-friendly policy tools.

    Two oil crises, one Marcos line

    A comparison of the Philippines’ response to the 1973 oil crisis under Ferdinand Marcos Sr. and the 2026 energy emergency under Ferdinand Marcos Jr. highlights…

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