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| Checks to a few of the GuyOil Gas Station locations yesterday revealed that there is a significant shortage in fuel countrywide.While some, like the Providence location did not have any fuel as of last evening, the ones in Victoria,Johnny Pesky Red Sox Throwback Jersey, East Coast Demerara,Dan Hampton Bears Throwback Jersey, and West Coast Berbice do not have much to facilitate a major purchase.This is despite the Government’s assurance that it will keep the prices stable so as to not facilitate a hike in minibus fares.Kaieteur News understands that the Guyana Oil Company has been experiencing shortages for at least a week now, and minibus operators are being forced to purchase fuel from other service stations at a higher price.Meanwhile,Steve Atwater Denver Broncos Throwback Jersey, it was confirmed that some of the privately owned service stations have applied an increase to their prices as result of the shortages.President of the United Minibus Union, Mr. Eon Andrews,Dick Butkus Bears Throwback Jersey, told Kaieteur News he was invited to a meeting with GuyOil,Cleveland Browns Throwback Jersey, and was made to understand that the company has suffered losses amounting to millions of dollars because of this.He noted that though minibus operators are purchasing fuel at the hiked price,Jason Kidd Mavericks Throwback Jersey, they have not raised their fares,Daryl Johnston Cowboys Throwback Jersey, and are trying not to do so at this time.From 15 per cent,Jim Kelly Bills Throwback Jersey, the excise tax had been lowered to 10 per cent during early May of this year.According to the Government Information Agency,Hornets Throwback Jersey, the Minister had explained that this decision was taken in light of the upward movement in the imported cost of gasoline.“The acquisition price on the last shipment of gasoline bought by GuyOil was US$142.85 per barrel which is an increase of 19.7 percent above the acquisition price of US$119.32 per barrel at the end of last year,” GINA had quoted. |
