New Oil Discovery in Palawan a big break through for Philippine economy.
A news today said that finally we are able to extract oil from palawan which will called palawan light.. hopefully this discovery will atleast lessen our dependence in crude oil from oil producing countries..
if this would be fully operational i just hope the prices of oil products will decrease together with the prices of basic commodities. this should be managed properly in terms of financial,by the laws and most important is that this should be environment friendly for it will brings us new hopes and i hope those "vultures" will not spoil this breakthrough by their political plans and self interest and of course GREED.
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