Dear Editor,
World oil prices have fallen about 50 per cent over the past seven months from a high
of US$114 per barrel in June 2014 to a low of US$56 today. It is unconscionable that the Jamaican consumers have only seen barely 25 per cent decrease in gas and diesel prices at the pump.
When oil prices rise on the world market, pump prices go up almost instantaneously, and to the full extent of that increase.
There is no reason -- even given the movement of our dollar against the US dollar -- that a much greater and immediate movement downwards both from Petrojam and at the pumps.
B Simpson
helpjamaica62@gmail.com
Ja's gas prices should fall by much more
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World oil prices have fallen about 50 per cent over the past seven months from a high
of US$114 per barrel in June 2014 to a low of US$56 today. It is unconscionable that the Jamaican consumers have only seen barely 25 per cent decrease in gas and diesel prices at the pump.
When oil prices rise on the world market, pump prices go up almost instantaneously, and to the full extent of that increase.
There is no reason -- even given the movement of our dollar against the US dollar -- that a much greater and immediate movement downwards both from Petrojam and at the pumps.
B Simpson
helpjamaica62@gmail.com
Ja's gas prices should fall by much more
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