No more credit card payment at gas stations.... Cash only!

[Redman]

We think the government reason to remove subsidy bad. However, if the Petroleum Association was given the chance to set their own rates on fuel, we would have to go back to donkey and bison carts.

don't understand what is the issue with the PA now, linx and credit card has been accepted for quite some time now

The PA has been lobbying for a solution to the fact that the increases to the BL and GF...push some of the stations into a loss making scenario.

At least 8 years at this point.

It's a regulated industry.

There are limitations as to what the dealers can do.

[sMASH]

*pays for most things with cash, cause screw bank fees*

[ADONI]

We think the government reason to remove subsidy bad. However, if the Petroleum Association was given the chance to set their own rates on fuel, we would have to go back to donkey and bison carts.

don't understand what is the issue with the PA now, linx and credit card has been accepted for quite some time now

The PA has been lobbying for a solution to the fact that the increases to the BL and GF...push some of the stations into a loss making scenario.

At least 8 years at this point.

It's a regulated industry.

There are limitations as to what the dealers can do.

Yup, PA lobbying for removal of regulations, so they would be the ones controlling fuel prices where they go dig out people eye, making Imbutt fuel increases look like nothing.

[bluesclues]

We think the government reason to remove subsidy bad. However, if the Petroleum Association was given the chance to set their own rates on fuel, we would have to go back to donkey and bison carts.

don't understand what is the issue with the PA now, linx and credit card has been accepted for quite some time now

The PA has been lobbying for a solution to the fact that the increases to the BL and GF...push some of the stations into a loss making scenario.

At least 8 years at this point.

It's a regulated industry.

There are limitations as to what the dealers can do.

Yup, PA lobbying for removal of regulations, so they would be the ones controlling fuel prices where they go dig out people eye, making Imbutt fuel increases look like nothing.

Trinidad, the only country that can own a pitch lake and have such horrible roads. So why not, the only country that produces oil and gas that have locals paying more than ppl in countries that import from us. It wont work tho. We in bubble territory here. Raising prices will hurt government revenues more in the long term. Setting up themselves to permanently lose market share.

[Redman]

We think the government reason to remove subsidy bad. However, if the Petroleum Association was given the chance to set their own rates on fuel, we would have to go back to donkey and bison carts.

don't understand what is the issue with the PA now, linx and credit card has been accepted for quite some time now

The PA has been lobbying for a solution to the fact that the increases to the BL and GF...push some of the stations into a loss making scenario.

At least 8 years at this point.

It's a regulated industry.

There are limitations as to what the dealers can do.

Yup, PA lobbying for removal of regulations, so they would be the ones controlling fuel prices where they go dig out people eye, making Imbutt fuel increases look like nothing.

You really are poorly informed.

[Redman]

We think the government reason to remove subsidy bad. However, if the Petroleum Association was given the chance to set their own rates on fuel, we would have to go back to donkey and bison carts.

don't understand what is the issue with the PA now, linx and credit card has been accepted for quite some time now

The PA has been lobbying for a solution to the fact that the increases to the BL and GF...push some of the stations into a loss making scenario.

At least 8 years at this point.

It's a regulated industry.

There are limitations as to what the dealers can do.

Yup, PA lobbying for removal of regulations, so they would be the ones controlling fuel prices where they go dig out people eye, making Imbutt fuel increases look like nothing.

Trinidad, the only country that can own a pitch lake and have such horrible roads. So why not, the only country that produces oil and gas that have locals paying more than ppl in countries that import from us. It wont work tho. We in bubble territory here. Raising prices will hurt government revenues more in the long term. Setting up themselves to permanently lose market share.

Explain that ...

[Dizzy28]

Norway produces lots of oil and gas and their locals pay almost the most expensive rates int he world for gasoline.....jus saying ah Blues

[Numb3r4]

Norway has a highly educated population that understands the principles and finer points of progressive long term planning and the value of deferred gratification.

The same can't be said for our population, not to say we shouldn't be aspiring to such ideals but.....

[Rudman]

^Is there a like button for this comment?

[nervewrecker]

Most likely ah Hindu man who did this at the Petroleum Association. only some move (like most of them) to push some conspiratorial Hindu agenda onto the country. His agenda look like it crumbling since the government and Unipet have seen through this already.

this really slipped me, while personal opinions are welcomed.... racist ones are not.

take a lil vacation from the forums to reflect

Bless you kind sir, bless your soul.

[nervewrecker]

To me I see like a guy pay with a card for fuel at the unipet station in fyzabad.
Like ramamtally wise up and realise it have no other gas stations around here. If he take payment via card all the sales are his. At least I hope so.

[Dizzy28]

Most likely ah Hindu man who did this at the Petroleum Association. only some move (like most of them) to push some conspiratorial Hindu agenda onto the country. His agenda look like it crumbling since the government and Unipet have seen through this already.

this really slipped me, while personal opinions are welcomed.... racist ones are not.

take a lil vacation from the forums to reflect

Bless you kind sir, bless your soul.

When Desi is back he will accuse Triad of being a brahmin.

[4a70]

Marabella unipet taking cards again... attendant said they lost a lota sales and the owner realise was a bad move so firetruck the pa.

[pete]

The market solved.

[bluesclues]

We think the government reason to remove subsidy bad. However, if the Petroleum Association was given the chance to set their own rates on fuel, we would have to go back to donkey and bison carts.

don't understand what is the issue with the PA now, linx and credit card has been accepted for quite some time now

The PA has been lobbying for a solution to the fact that the increases to the BL and GF...push some of the stations into a loss making scenario.

At least 8 years at this point.

It's a regulated industry.

There are limitations as to what the dealers can do.

Yup, PA lobbying for removal of regulations, so they would be the ones controlling fuel prices where they go dig out people eye, making Imbutt fuel increases look like nothing.

Trinidad, the only country that can own a pitch lake and have such horrible roads. So why not, the only country that produces oil and gas that have locals paying more than ppl in countries that import from us. It wont work tho. We in bubble territory here. Raising prices will hurt government revenues more in the long term. Setting up themselves to permanently lose market share.

Explain that ...

Dont worry i will explain it. By which time it will be self explanatory.

[Redman]

So you can only explain something that already explained.

kk

[Slartibartfast]

He also claimed to be able to predict past events so...

[sleepertercel]

How about using high fuel prices as the impetus to switch to more sustainable fuels, or modes of transportation?

[sMASH]

Well, when trying to steer people into other alternatives, the common sense approach is to make the alternatives readily available.
But this is the same set of people who wanted to have a sugar tax, not to guide public health as its intention in other countries, but as a source of revenue... with the health guidance as a side effect.

[Redman]

How about using high fuel prices as the impetus to switch to more sustainable fuels, or modes of transportation?

The supply chain needs to be in place.
then incentives to switch

[silent_riot]

LOL @ loss of sales.
I thought CC only accounted for 12-15% of all sales.
Good to see good sense prevail.

[src1983]

http://www.cnc3.co.tt/press-release/rep ... ion-profit


Republic banks profit TTD946M

[adnj]

How about using high fuel prices as the impetus to switch to more sustainable fuels, or modes of transportation?

Phased elimination of the subsidies will likely lead to the switch to newer, smaller, safer, more energy efficient vehicles. It may also lead to switching from diesel to CNG heavy transport vehicles. The best way to force a switch to public transportation is to limit the availability of public parking and raise the cost. (Think parking enforcement - fines and wreckers)

Well, when trying to steer people into other alternatives, the common sense approach is to make the alternatives readily available.
But this is the same set of people who wanted to have a sugar tax, not to guide public health as its intention in other countries, but as a source of revenue... with the health guidance as a side effect.

I believe that you're right but it does go both ways:

"Sin taxes" have successfully been used alongside public education for many years in many places. Taxes on tobacco to offset the cost of public health care, vehicle taxes to offset road repair, even high hunting permit costs to offset the cost of conservation.

The United States paid for the debt caused by the Revolutionary War by taxing rum. I don't believe that they were trying to cut down on alcoholism.

The supply chain needs to be in place.
then incentives to switch

Incentivize the early adopters and then use the demand to help provide funding and prove out the infrastructure. This is what happened with radio, television, cell phones, diesel engine trucks, ethanol flex fuel vehicles, and electric vehicles when first introduced. All of those were sold below cost early on.

[dude2014]

How about using high fuel prices as the impetus to switch to more sustainable fuels, or modes of transportation?

I agree to switching to more sustainable fuels. Universtity of TT has a fully electric powered bus on the road.
Also those expensive lighting towers on grounds can be outfitted with a hybrid solar/wind generators to conserve our consumption of fossil fuels.

PTSC has some CNG, Other State agency has a few. Destroy your deisel Maxi, we give you a CNG one, at a cost, of course (check SWMCOL). It is not enough.

What I am more concerned about is the value of the reduction in the fuel subsidy. It was reputed to be around $5B. What is it now? Critical is what the Government is doing with it. They will say there is a budget deficit so there is really no money to save/spend.

Can someone help with this?

[bluesclues]

Fssil fuel conservation means lower revenues for trinidad.

[dude2014]

Should we use less, will we have more to export? Hence more revenues.
Still need some help on the figures with the gas subsidy

[adnj]

The shift to CNG is because the equivalent cost of CNG is usually less than half that of gasoline /diesel and is currently about the same as gasoline /diesel while crude prices are low.

Conservation also means longer lasting fuel reserves, decreased air pollution, increased GDP, and decreased inflation.

Fssil fuel conservation means lower revenues for trinidad.

Should we use less, will we have more to export? Hence more revenues.

[Redman]

Should we use less, will we have more to export? Hence more revenues.
Still need some help on the figures with the gas subsidy

No you don't need help.
You have it there...there is demand for all fuels produced.

[dude2014]

Reddest, Thanks.

[simplicity16]

Yesterday Medford Chaguanas started back taking Credit Cards at the pump.