Bruneian needs to be prepared for the inevitable when the county’s economy no longer can rely on the exploitation of its current fast dwindling reserves of petroleum and natural gas. Weekend’s news that the Methanol project finally got its financing sorted out is good news. But that still rely on our precious gas reserves. It won’t be a surprise when reality sags in the near future that we did not do enough to prepare for the future. Philippine used to be the most developed economy in Asia but has degenerated to oblivion.
Tuesday, May 8, 2007
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Bruneian needs to be prepared for the inevitable when the county’s economy no longer can rely on the exploitation of its current fast dwindling reserves of petroleum and natural gas. Weekend’s news that the Methanol project finally got its financing sorted out is good news. But that still rely on our precious gas reserves. It won’t be a surprise when reality sags in the near future that we did not do enough to prepare for the future. Philippine used to be the most developed economy in Asia but has degenerated to oblivion.
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