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Gas station price watch: Taxi Associations taking no chances

Published:Friday | January 2, 2015 | 1:05 PM
File photo

Jerome Reynolds, Staff Reporter



KINGSTON, Jamaica:

The National Council of Taxi Associations says it will be closely monitoring prices at the gas pumps this month.




Association President, Deon Chance says while his members are happy with the reductions so far, they do not believe gas stations are doing enough.



Chance notes that when gas prices go up service stations tend to adjust their prices upward almost immediately.



However, he says when there is a reduction it takes longer for gas prices to come down.



As a result, Chance says teams have been out in parishes monitoring gas prices.

The association president says the council will use this data to inform its membership about where they can get value for money.



Chance further says the association will also use the data as it advocates on behalf of its members in discussions with the government.



He stresses the cost of fuel continues to be a major burden for the public transportation sector.



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