Lee to Gov’t: Is the fuel price adjustment permanent?
The UNC is calling on the finance minister to tell the people if the impending fuel price hike is a permanent move or if it will be readjusted “as soon as world prices go down”.
In a statement, energy party shadow and MP for Point a Pierre, David Lee, said the citizens of Trinidad and Tobago “are being forced to pay higher fuel prices at one of our country’s most vulnerable economic times as a direct result of the closure of the Petrotrin refinery,”
“Is this a permanent feature or would we be hit by further increases as oil prices rise. We are calling on the government to commit that as soon as global prices fall, prices at the pump will also fall “, did he declare.
He said that if the Petrotrin refinery had worked, “the nation would have earned millions of dollars in revenue, enabling the government to fund the subsidy and protect citizens from high world prices.”
He further criticized the government “for betraying the citizens, because at a time when high energy prices are benefiting energy-based economies, our economy will be derailed as every sector of our nation would be affected, causing massive price increases at all levels”.