First Look

PAULWELL, PHILLIPS MEET WITH PETROLEUM SECTOR STAKEHOLDERS



PNP HEADQUARTERS | 2018-09-03 13:30:00

In light of the continued increases at the pump and the impact this is having on the productive sector, People’s National Party (PNP) Shadow Minister of Mining and Energy, Mr Phillip Paulwell, M.P., has been meeting with critical stakeholders to discuss ways to reduce the effect on business and families.
The cost of petrol at the pumps has moved exponentially from about $136 per litre at the start of the year to about $180 currently.
With the moving oil prices pushing up the cost of energy, food production and some categories of services, the Jamaican consumer must brace for further increases in their basic cost of living.
Already, the Shadow Minister has met with the Jamaica Gasoline Retailers Association (JGRA) and he is now moving to meet with members of the business sector and taxi operators in the major townships, to hear first-hand how the increases are affecting the livelihood and local commute of residents, business owners and taxi operators.
“The cost of energy impacts all of us and it is of serious concern that there is really no buffer for the increases at any level. The Jamaican taxpayers are paying for a hedge that does not exist and then they are faced with increased fuel costs, and this in our assessment is unreasonable,” Mr Paulwell said.
Meanwhile Shadow Minister of Transport Mikael Phillips, who will be joining Mr Paulwell on the consultations, said the commuting public will face increased costs especially in rural parishes.
Workable alternatives must be found in what is fast becoming a national crisis.
“This is what we are expecting at the stakeholder meetings, we are looking for solutions which we will share with the administration with the hope that they will act in the interest of the Jamaican people,” Mr Paulwell said.




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