Saturday, April 2, 2011

Fuel Prices: The Realities of the Situation

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3 comments:

Anonymous said...

Boy you are overseas. What do you know about conditions on the ground in St. Lucia. You left. Therefore, stay out of it. The people on the ground have a better understanding of what to do. You are very arrogant.

Should I have put those sentiments above within quotation marks? I wonder.

April 2, 2011 at 4:27 PM
Anonymous said...

It is interesting that is so much outcry about the fuel pass-through mechanism but not the same level of outcry about the electricity fuel surcharge. Arent' the two of them basically equivalent and follow current world oil prices.

As was pointed out here.
[quote]In many instances these entities rely exclusively on fuel and electricity for effective operations.[/quote]

Perhaps it would be better to foucs on reducing the fuel surcharge on electricity bills particularly for low-income folks. This can be done by having a cap on the fuel surcharge if electricity use is below a certain level.

As for fuel prices, without the middle-class or upper-class consumer facing the market price of fuel, they will not make the necessary life-style adjustments. Note, as they conserve fuel, the government will get less revenue as well and would need to account for that.

April 3, 2011 at 8:03 AM
Anonymous said...

You see, the population fails to recognize that there must be different approaches to pricing regarding the different types of fuels used in St. Lucia. Confusion reigneth in both the camps of SLP and the UWP. Both are empty-handed when it comes to energy issues.

I Believe the dese LPM fellas are better on energy issues. Neither the SLP nor this moomoo economics that this administration is practicing can be of any help to us here now or in the future. Besides, the Minister of Finance does not seem to know even Basic CXC in economics. He going through on-the-job training as we speak.

We have to look for enlightenment when we put out the flambeau and put in sunlight instead. I am hoping that the LPM makes the next government. The discussion on Facebook last Sunday shows that they can make a real difference on how we face the uncertain future of our country!

April 5, 2011 at 6:18 AM

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