Tue | Jun 25, 2019

Paulwell, Phillips to meet with petroleum stakeholders

Published:Friday | August 31, 2018 | 3:54 PM
Phillip Paulwell - File photo

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 Phillip Paulwell says he has been meeting with critical stakeholders to discuss ways to reduce the effect on business and families.

Paulwell contends that 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.

He argues that with the moving oil prices pushing up the cost of energy, food production and some categories of services, consumers must brace for further increases in their basic cost of living.

Paulwell says he has met with the Jamaica Gasoline Retailers Association 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 livelihoods.

“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,” Paulwell said.

Meanwhile, Shadow Minister of Transport Mikael Phillips, who will be joining Paulwell on the consultations, said the commuting public will face increased costs, especially in rural parishes.

Phillips says workable alternatives must be found in what is fast becoming a national crisis.

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