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Petroleum retailers continue to seek a 25 cent increase per gallon on margins

Petroleum retailers continue to seek a 25 cent increase per gallon on margins
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Gas Prices Up - ZNS BAHAMAS

Gas Prices Up - ZNS BAHAMAS
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PM noncommittal on any changes for fuel retailers - The Nassau Guardian

Prime Minister Philip Davis said yesterday there needs to be a “balance between profitability and affordability”, as he suggested that he was comfortable with the profit margins earned by fuel retailers, who stopped selling diesel two weeks ago in a bid to get the government to continue negotiating with them on a margin increase. “At ....

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Drivers search for alternative diesel sources as action continues

Some truck drivers have had to find alternative diesel sources, but bus drivers – and other drivers who operate smaller diesel vehicles and who rely primarily on the service stations for refueling – have become especially worried as many operators on New Providence continue to refuse to sell diesel as they press the government to raise their ....

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Halkitis mum as fuel retailers continue action - The Nassau Guardian

Minister of Economic Affairs Michael Halkitis yesterday brushed off questions about some fuel retailers on New Providence refusing to sell diesel, asking “what action” when questioned about the action taken by the operators who are pressing the government to adjust their profit margins to give them the ability to better survive in business. “Who isn’t? How ....

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