Preamble
WHEREAS, the world-wide energy situation indicates that an adequate supply of energy resources for the country’s needs has become of long-term and vital national concern considering that the adequacy of energy resources is indispensable to accelerated economic growth; WHEREAS, the Philippines has embarked on a multi-dimensional response to the energy crisis, designated to achieve the national objective of self-reliance and independence on the sourcing of energy through intensive exploration and development of indigenous energy resources, and through the judicious conservation and efficient utilization of energy; WHEREAS, there is critical need to further rationalize the country’s total energy resource development program in order to accelerate its self-reliance and conservation program relative to energy resource on an integrated and comprehensive basis; and WHEREAS, meeting the country’s energy requirements has become an integral and regular function of the government, vast enough such that no less than an agency with the departmental status is required which shall serve as the government’s primary instrumentality in the formulation and implementation of its energy resource development program on a unified and coordinated approach. NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree the following to be part of the law of the land: