Jamaica Gas Prices

This headline in the today’s Jamaica Gleaner “Dealers to pass on gas price increase to customers” had me laughing.

The question really is what have they been doing all along. Whatever increases they have been “absorbing” must have been very minimal as as far as I can see, every week that the ex-refinery price has increased the price at the pump has increased.

The article also raises the issue of a subsidy but the question realistically is from who. The government of Jamaica is in no position to grant any gas subsidy and I am not even sure they are in a position to reduce the fix tax amount currently on a litre of gas.

Troubled times lay ahead and Jamaicans will definitely need to revisit their budgets.

It seems the the taxi operators in Jamaica have had enough of observing the increased Gas Prices. Reports are surfacing that they are planning to ask the Government for a rate increase as soon as possible.

According to reports the taxi operators say it has been some while since they last had an increase but as things are they can not continue to operate at the current rates. They should also ask the Government how quickly to pothole riddled roads will be fixed.

They are however mindful that they will have to take into consideration what the commuting public can pay and that they will also have to improve the quality of service