Gas prices in Trinidad & Tobago

[zoom rader]

https://edition.cnn.com/2022/04/09/business/food-fuel-prices-political-instability/index.html

From Pakistan to Peru, soaring food and fuel prices are tipping countries over the edge
Julia Horowitz byline
By Julia Horowitz, CNN Business

Updated 0858 GMT (1658 HKT) April 9, 2022

London (CNN Business)When people took to the streets in Egypt in 2011, protesters chanted about freedom and social justice — but also bread. The cost of pantry staples had jumped because of the skyrocketing price of goods like wheat, stoking fury with President Hosni Mubarak.

Now, more than a decade after the Arab Spring, global food prices are soaring again. They had already reached their highest level on record earlier this year as the pandemic, poor weather and the climate crisis upended agriculture and threatened food security for millions of people.

Then came Russia's war in Ukraine, making the situation much worse — while also triggering a spike in the cost of the other daily essential, fuel.

The combination could generate a wave of political instability, as people who were already frustrated with government leaders are pushed over the edge by rising costs.


"It is extremely worrisome," said Rabah Arezki, a senior fellow at Harvard's Kennedy School of Government and former chief economist at the African Development Bank.

Unrest in Sri Lanka, Pakistan and Peru over the past week highlights the risks.

In Sri Lanka, protests have erupted over shortages of gas and other basic goods. Double-digit inflation in Pakistan has eroded support for Prime Minister Imran Khan, who is clinging to power.

At least six people have died in recent anti-government protests in Peru sparked by rising fuel prices. But political conflict isn't expected to be limited to these countries.

"I don't think people have felt the full impact of rising prices just yet," said Hamish Kinnear, a Middle East and North Africa analyst at Verisk Maplecroft, a global risk consultancy.

Lessons from the Arab Spring
In the run-up to the anti-government protests that became known as the Arab Spring — which began in Tunisia in late 2010 and spread through the Middle East and North Africa in 2011 — food prices were climbing sharply. The Food Price Index from the United Nations' Food and Agriculture Organization reached 106.7 in 2010 and jumped to 131.9 in 2011, then a record.

"Mohamed Bouazizi didn't set himself on fire because he couldn't blog or vote," an Emirati commentator wrote in January 2011, referring to the street vendor whose protest act helped launch the revolution in Tunisia and, ultimately, the Arab world.

"People set themselves on fire because they can't stand seeing their family wither away slowly, not of sorrow, but of cold stark hunger."

Circumstances in individual countries differed, but the bigger picture was clear. Surging wheat prices were a major part of the problem.

The situation now is even worse than it was then. Global food prices have just hit a new record high.

The FAO Food Price Index published Friday hit 159.3 in March, up almost 13% from February. The war in Ukraine, a major exporter of wheat, corn and vegetable oils, as well as harsh sanctions on Russia — a key producer of wheat and fertilizer — is expected to spur further price increases in the coming months.

"Forty percent of wheat and corn exports from Ukraine go to the Middle East and Africa, which are already grappling with hunger issues, and where further food shortages or price increases could stoke social unrest," Gilbert Houngbo, head of the International Fund for Agricultural Development, said last month.

Adding to the pain is the surge in energy prices. Global oil prices are almost 60% higher than they were a year ago. The cost of coal and natural gas has spiked, too.

Many governments are struggling to protect their citizens, but fragile economies that borrowed heavily to make it through the 2008 financial crisis and the pandemic are most vulnerable. As growth slows, hurting their currencies and making it harder to keep up with debt payments, maintaining subsidies for food and fuel will be difficult, especially if prices keep climbing.

"We are now in a situation where countries are indebted," Arezki said. "As a result, they have no buffers to try to contain the tensions that will emerge from such high prices."

According to the World Bank, close to 60% of the poorest countries were "already in debt distress or at high risk of it" on the eve of the invasion of Ukraine.

Where tensions are simmering

Asia: In Sri Lanka, an island nation of 22 million, an economic and political crisis is already boiling over, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.

Grappling with high debt levels and a weak economy reliant on tourism, Sri Lanka was forced to run down its reserves of foreign currency. That prevented the government from making payments for key imports such as energy, creating devastating shortages and forcing people to spend hours lining up for fuel.

Its leaders have also devalued its currency, the Sri Lankan rupee, as they try to secure a bailout from the International Monetary Fund. But that just made inflation worse at home. In January, it reached 14%, almost double the rate of price increases in the United States.

Meanwhile, Pakistan's Khan faces a vote of no confidence on Saturday in the country's parliament. While his political problems date back years, he's now battling claims of economic mismanagement as the cost of food and fuel leaps and the government depletes its foreign exchange reserves.

"The extent of economic chaos has united opposition to Imran Khan," Kinnear of Verisk Maplecroft said.

Middle East and Africa: Experts are also watching for signs of political distress in other countries in the Middle East that are heavily dependent on food imports from the Black Sea region, and often provide generous subsidies to the public.

In Lebanon, where nearly three-quarters of the population was living in poverty last year as the result of a political and economic collapse, between 70% and 80% of imported wheat comes from Russia and Ukraine. Key grain silos were also destroyed during the 2020 explosion at the Beirut port.

And Egypt, the world's largest buyer of wheat, is already seeing enormous pressure on its huge subsidy program for bread. The country recently set a fixed price for unsubsidized bread after prices spiked, and is trying to secure wheat imports from countries like India and Argentina instead.

With an estimated 70% of the world's poor living in Africa, the continent will also be "very exposed" to rising food and energy prices, Arezki said.

Droughts and conflict in countries like Ethiopia, Somalia, South Sudan and Burkina Faso have created a food security crisis for more than a quarter of the continent's population, the International Committee of the Red Cross said this week. The situation risks getting worse in the coming months, it continued.

Political instability has already been building in parts of the continent. A series of coups have taken place in West and Central Africa since the start of 2021.

Europe: Even countries with more developed economies, which have greater buffers to shield citizens from painful price increases, won't have the tools to fully cushion the blow.

Thousands of protesters gathered in cities across Greece this week to demand higher wages to counter inflation, while France's presidential election is narrowing as far-right candidate Marine Le Pen plays up her plans to reduce the cost of living. President Emmanuel Macron's government said last month it was considering issuing food vouchers so that middle and low-income families could afford to eat.
— Jessie Yeung, Rhea Mogul and Sophia Saifi contributed reporting.

The USA plans is working once again

The US gonna intervene like a knight in shining armor after causing the problem to begin with. You notice right after they cut off Russia they were in talks with Venezuelan, same Venezuela that they treated with disdain, the US doesn't do anything unless it benefits them.

Yep. And that's why Hoover can't get a US visa - no benefit.

There are far better places to visit than the US.

[Val]

I wonder sometimes if the Ukraine Russia conflict was manufactured over careful political prodding to restore oil prices to benefit the few.

Whether it was or not, I can’t see Trinidad being cognizant of those plans and the decision to close the refinery was due to the high cost of operation coupled with low returns at that time. I may not like it but it sort of made sense, although it should’ve been privatized and not closed completely.

We now have transitioned to a gas based economy, with diminishing gas reserves and there seems to be no plan for diversification beyond energy based income.

I would think food security and agriculture stimulation should be priority.

Anyhow, gas prices have to rise because we are importing gas, but will the price come back down well that’s not really how business works.

[zoom rader]

The USA plans is working once again

The US gonna intervene like a knight in shining armor after causing the problem to begin with. You notice right after they cut off Russia they were in talks with Venezuelan, same Venezuela that they treated with disdain, the US doesn't do anything unless it benefits them.

DAMN RIGHT!

But I feel they giving Maduro serious basket, eh.[/quote]Yes and that's why they don't buy the renewables bull5hit

[bluefete]

The USA plans is working once again

The US gonna intervene like a knight in shining armor after causing the problem to begin with. You notice right after they cut off Russia they were in talks with Venezuelan, same Venezuela that they treated with disdain, the US doesn't do anything unless it benefits them.

DAMN RIGHT!

But I feel they giving Maduro serious basket, eh.

Yes and that's why they don't buy the renewables bull5hit[/quote]

LOLZ.. So true. if only more people could understand.

[bluefete]

We now have transitioned to a gas based economy, with diminishing gas reserves and there seems to be no plan for diversification beyond energy based income.

I would think food security and agriculture stimulation should be priority.

Anyhow, gas prices have to rise because we are importing gas, but will the price come back down well that’s not really how business works. Somebody asked the imps about this yesterday and he said the gov't will look at it if prices come back down. We have to be real jackasses to believe him. NEVER in the history of T&T since 1956 have gas prices at the pump fallen when oil prices fell. Even if prices were floating at the pump, you would not see a decrease in prices. Yada, yada, I know about the subsidy okay!.

[sMASH]

I wonder sometimes if the Ukraine Russia conflict was manufactured over careful political prodding to restore oil prices to benefit the few.

Whether it was or not, I can’t see Trinidad being cognizant of those plans and the decision to close the refinery was due to the high cost of operation coupled with low returns at that time. I may not like it but it sort of made sense, although it should’ve been privatized and not closed completely.

We now have transitioned to a gas based economy, with diminishing gas reserves and there seems to be no plan for diversification beyond energy based income.

I would think food security and agriculture stimulation should be priority.

Anyhow, gas prices have to rise because we are importing gas, but will the price come back down well that’s not really how business works.

A few weeks ago, I posted nearly the same sentiment.
It seems very artificial.... Contrived

[adnj]

https://edition.cnn.com/2022/04/09/business/food-fuel-prices-political-instability/index.html

From Pakistan to Peru, soaring food and fuel prices are tipping countries over the edge
Julia Horowitz byline
By Julia Horowitz, CNN Business

Updated 0858 GMT (1658 HKT) April 9, 2022

London (CNN Business)When people took to the streets in Egypt in 2011, protesters chanted about freedom and social justice — but also bread. The cost of pantry staples had jumped because of the skyrocketing price of goods like wheat, stoking fury with President Hosni Mubarak.

Now, more than a decade after the Arab Spring, global food prices are soaring again. They had already reached their highest level on record earlier this year as the pandemic, poor weather and the climate crisis upended agriculture and threatened food security for millions of people.

Then came Russia's war in Ukraine, making the situation much worse — while also triggering a spike in the cost of the other daily essential, fuel.

The combination could generate a wave of political instability, as people who were already frustrated with government leaders are pushed over the edge by rising costs.


"It is extremely worrisome," said Rabah Arezki, a senior fellow at Harvard's Kennedy School of Government and former chief economist at the African Development Bank.

Unrest in Sri Lanka, Pakistan and Peru over the past week highlights the risks.

In Sri Lanka, protests have erupted over shortages of gas and other basic goods. Double-digit inflation in Pakistan has eroded support for Prime Minister Imran Khan, who is clinging to power.

At least six people have died in recent anti-government protests in Peru sparked by rising fuel prices. But political conflict isn't expected to be limited to these countries.

"I don't think people have felt the full impact of rising prices just yet," said Hamish Kinnear, a Middle East and North Africa analyst at Verisk Maplecroft, a global risk consultancy.

Lessons from the Arab Spring
In the run-up to the anti-government protests that became known as the Arab Spring — which began in Tunisia in late 2010 and spread through the Middle East and North Africa in 2011 — food prices were climbing sharply. The Food Price Index from the United Nations' Food and Agriculture Organization reached 106.7 in 2010 and jumped to 131.9 in 2011, then a record.

"Mohamed Bouazizi didn't set himself on fire because he couldn't blog or vote," an Emirati commentator wrote in January 2011, referring to the street vendor whose protest act helped launch the revolution in Tunisia and, ultimately, the Arab world.

"People set themselves on fire because they can't stand seeing their family wither away slowly, not of sorrow, but of cold stark hunger."

Circumstances in individual countries differed, but the bigger picture was clear. Surging wheat prices were a major part of the problem.

The situation now is even worse than it was then. Global food prices have just hit a new record high.

The FAO Food Price Index published Friday hit 159.3 in March, up almost 13% from February. The war in Ukraine, a major exporter of wheat, corn and vegetable oils, as well as harsh sanctions on Russia — a key producer of wheat and fertilizer — is expected to spur further price increases in the coming months.

"Forty percent of wheat and corn exports from Ukraine go to the Middle East and Africa, which are already grappling with hunger issues, and where further food shortages or price increases could stoke social unrest," Gilbert Houngbo, head of the International Fund for Agricultural Development, said last month.

Adding to the pain is the surge in energy prices. Global oil prices are almost 60% higher than they were a year ago. The cost of coal and natural gas has spiked, too.

Many governments are struggling to protect their citizens, but fragile economies that borrowed heavily to make it through the 2008 financial crisis and the pandemic are most vulnerable. As growth slows, hurting their currencies and making it harder to keep up with debt payments, maintaining subsidies for food and fuel will be difficult, especially if prices keep climbing.

"We are now in a situation where countries are indebted," Arezki said. "As a result, they have no buffers to try to contain the tensions that will emerge from such high prices."

According to the World Bank, close to 60% of the poorest countries were "already in debt distress or at high risk of it" on the eve of the invasion of Ukraine.

Where tensions are simmering

Asia: In Sri Lanka, an island nation of 22 million, an economic and political crisis is already boiling over, with protesters taking to the streets in defiance of curfews and government ministers stepping down en masse.

Grappling with high debt levels and a weak economy reliant on tourism, Sri Lanka was forced to run down its reserves of foreign currency. That prevented the government from making payments for key imports such as energy, creating devastating shortages and forcing people to spend hours lining up for fuel.

Its leaders have also devalued its currency, the Sri Lankan rupee, as they try to secure a bailout from the International Monetary Fund. But that just made inflation worse at home. In January, it reached 14%, almost double the rate of price increases in the United States.

Meanwhile, Pakistan's Khan faces a vote of no confidence on Saturday in the country's parliament. While his political problems date back years, he's now battling claims of economic mismanagement as the cost of food and fuel leaps and the government depletes its foreign exchange reserves.

"The extent of economic chaos has united opposition to Imran Khan," Kinnear of Verisk Maplecroft said.

Middle East and Africa: Experts are also watching for signs of political distress in other countries in the Middle East that are heavily dependent on food imports from the Black Sea region, and often provide generous subsidies to the public.

In Lebanon, where nearly three-quarters of the population was living in poverty last year as the result of a political and economic collapse, between 70% and 80% of imported wheat comes from Russia and Ukraine. Key grain silos were also destroyed during the 2020 explosion at the Beirut port.

And Egypt, the world's largest buyer of wheat, is already seeing enormous pressure on its huge subsidy program for bread. The country recently set a fixed price for unsubsidized bread after prices spiked, and is trying to secure wheat imports from countries like India and Argentina instead.

With an estimated 70% of the world's poor living in Africa, the continent will also be "very exposed" to rising food and energy prices, Arezki said.

Droughts and conflict in countries like Ethiopia, Somalia, South Sudan and Burkina Faso have created a food security crisis for more than a quarter of the continent's population, the International Committee of the Red Cross said this week. The situation risks getting worse in the coming months, it continued.

Political instability has already been building in parts of the continent. A series of coups have taken place in West and Central Africa since the start of 2021.

Europe: Even countries with more developed economies, which have greater buffers to shield citizens from painful price increases, won't have the tools to fully cushion the blow.

Thousands of protesters gathered in cities across Greece this week to demand higher wages to counter inflation, while France's presidential election is narrowing as far-right candidate Marine Le Pen plays up her plans to reduce the cost of living. President Emmanuel Macron's government said last month it was considering issuing food vouchers so that middle and low-income families could afford to eat.
— Jessie Yeung, Rhea Mogul and Sophia Saifi contributed reporting.

The USA plans is working once again

The US gonna intervene like a knight in shining armor after causing the problem to begin with. You notice right after they cut off Russia they were in talks with Venezuelan, same Venezuela that they treated with disdain, the US doesn't do anything unless it benefits them.

Yep. And that's why Hoover can't get a US visa - no benefit.

Owner of a ten year visa sir ....try again

And can't use it. Unvaxxed. No "life changing business opportunity." No benefit to the US.

[zoom rader]

What is sad about this pic is that African kids are been use and indoctrinated in believing a lie.

They are the same as the Hitler youth movement.

You will never see 1% or the upper red government kids being used in fashion.

[adnj]

Renewables growth:

By 2026, global renewable electricity capacity is forecast to rise more than 60% from 2020 levels to over 4 800 GW – equivalent to the current total global power capacity of fossil fuels and nuclear combined. Renewables are set to account for almost 95% of the increase in global power capacity through 2026, with solar PV alone providing more than half. The amount of renewable capacity added over the period of 2021 to 2026 is expected to be 50% higher than from 2015 to 2020. This is driven by stronger support from government policies and more ambitious clean energy goals announced before and during the COP26 Climate Change Conference.

“This year’s record renewable electricity additions of 290 gigawatts are yet another sign that a new global energy economy is emerging,” said IEA Executive Director Fatih Birol. “The high commodity and energy prices we are seeing today pose new challenges for the renewable industry, but elevated fossil fuel prices also make renewables even more competitive.”

https://www.iea.org/news/renewable-elec ... gy-economy

[K74T]

[hover11]

FB_IMG_1649526661435.jpg

A gas station is a business like any other and their aim is to make a profit, they not going to make anything under this new increase. A whole business in providing gas yet their profits come from the convenience store. I thought the endgame of this whole thing was the government wanted to pull themselves out of the equation and allow gas stations to set their own prices in regards to gas prices. Another pie in the sky dream or empty promise from the usual dream sellers?

[zoom rader]

Renewables growth:

By 2026, global renewable electricity capacity is forecast to rise more than 60% from 2020 levels to over 4 800 GW – equivalent to the current total global power capacity of fossil fuels and nuclear combined. Renewables are set to account for almost 95% of the increase in global power capacity through 2026, with solar PV alone providing more than half. The amount of renewable capacity added over the period of 2021 to 2026 is expected to be 50% higher than from 2015 to 2020. This is driven by stronger support from government policies and more ambitious clean energy goals announced before and during the COP26 Climate Change Conference.

“This year’s record renewable electricity additions of 290 gigawatts are yet another sign that a new global energy economy is emerging,” said IEA Executive Director Fatih Birol. “The high commodity and energy prices we are seeing today pose new challenges for the renewable industry, but elevated fossil fuel prices also make renewables even more competitive.”

https://www.iea.org/news/renewable-elec ... gy-economy

Yup, fed lies .

https://r.search.yahoo.com/_ylt=AwrLE3V ... vvNys4TXk-

[adnj]

Renewables growth:

By 2026, global renewable electricity capacity is forecast to rise more than 60% from 2020 levels to over 4 800 GW – equivalent to the current total global power capacity of fossil fuels and nuclear combined. Renewables are set to account for almost 95% of the increase in global power capacity through 2026, with solar PV alone providing more than half. The amount of renewable capacity added over the period of 2021 to 2026 is expected to be 50% higher than from 2015 to 2020. This is driven by stronger support from government policies and more ambitious clean energy goals announced before and during the COP26 Climate Change Conference.

“This year’s record renewable electricity additions of 290 gigawatts are yet another sign that a new global energy economy is emerging,” said IEA Executive Director Fatih Birol. “The high commodity and energy prices we are seeing today pose new challenges for the renewable industry, but elevated fossil fuel prices also make renewables even more competitive.”

https://www.iea.org/news/renewable-elec ... gy-economy

Yup, fed lies .

https://r.search.yahoo.com/_ylt=AwrLE3V ... vvNys4TXk-

How can a grown man be so fukking dense? You talk, talk talk and none of that shitt is cogent.

Green is environmentally friendly.

Renewable is not coming out of the earth. Not the same thing.

You can hope and pretend that fossil fuels will continue to rule geopolitics but you will have to do it in a vacuum.

Biodiesels, ethanol aviation and transportation fuels, hydrogen production from ANY type of energy, PV, geothermal, wind, wave, and hydro are all increasing in energy production. Coal, oil and natural gas are projected to plateau and then decrease.

Find one fukking source in the world that says that I am wrong. One.

[paid_influencer]

love how all the media covering it as a $1 increase.

psychologically, people treat a $1 increase as small change. dais not plenty.

say 20% increase on a average $200 bill and and it might mean something.

better yet doh say that, say $1 increase. no riot that way

and by monday dais old news

[daring dragoon]

44 liter tank means $44 more roughly on what you would pay. mine will be $264 up from $220 per week. equal to $2100 more a year.

[adnj]

44 liter tank means $44 more roughly on what you would pay. mine will be $264 up from $220 per week. equal to $2100 more a year.

What it means is that your fuel bill for super goes up 20.1%.

That's what happens when the price increases 20.1%.

[MaxPower]

love how all the media covering it as a $1 increase.

psychologically, people treat a $1 increase as small change. dais not plenty.

say 20% increase on a average $200 bill and and it might mean something.

better yet doh say that, say $1 increase. no riot that way

and by monday dais old news

X3000

[shimon]

What is sad about this pic is that African kids are been use and indoctrinated in believing a lie.

They are the same as the Hitler youth movement.

You will never see 1% or the upper red government kids being used in fashion. tapatalk_1649525772843.jpg

Very true!

[shimon]

FB_IMG_1649526661435.jpg

A gas station is a business like any other and their aim is to make a profit, they not going to make anything under this new increase. A whole business in providing gas yet their profits come from the convenience store. I thought the endgame of this whole thing was the government wanted to pull themselves out of the equation and allow gas stations to set their own prices in regards to gas prices. Another pie in the sky dream or empty promise from the usual dream sellers?

That is nonesense talk about gas stations only making profits from the convenience store I know people who work at gas stations they make good profits from one tank of gas.

[sMASH]

Convenience store profit is American. Diwn here, they made a good amount of profit, even with the govt set margin. A small margin, but the volume....

I college I work a gas station, every 500 u collect u drop it in, u don't hold more than that on the pump.
Sumtimez 10k build up in a 20mins, cause u not getting chance to drop in.
That's when gas and diesel was cheap.

[rexsmith]

everything in those quick shop is $1 more.
add 50 cent for cold drink. the same amount of electricity it takes to cold 1 drink it will take to cold 10 drinks. what they actually charging for is the length of time the fridge stays on

[hover11]

FB_IMG_1649526661435.jpg

A gas station is a business like any other and their aim is to make a profit, they not going to make anything under this new increase. A whole business in providing gas yet their profits come from the convenience store. I thought the endgame of this whole thing was the government wanted to pull themselves out of the equation and allow gas stations to set their own prices in regards to gas prices. Another pie in the sky dream or empty promise from the usual dream sellers?

That is nonesense talk about gas stations only making profits from the convenience store I know people who work at gas stations they make good profits from one tank of gas.

So is it a good investment? Raymond said not for the last five years or so.

One of the reasons is margins – because of the fuel subsidy, the price of gasoline was fixed by the State – including the margins on the mark-up of fuel. The current retail margins are 17 cents per litre (premium and super unleaded) and 12 cents per litre for diesel


https://newsday.co.tt/2020/10/15/how-mu ... tion-cost/

You were saying....

[eliteauto]

It has gas station experts in here now oui. Talking about gas stations making a good profit on gas It musbe nice to have an online business degree

Just as an FYI, the gas stations without a C-store as surviving on long term existence, the volumes of sales have dropped significantly and most are operating through loans while waiting for fairy godmother Imbert to increase the margins, something he doesn't seem to want to touch in the near future. It's the C-store that keeps the lights on most time and when you see one doing a promotion it's usually with a loss leader just to drive traffic to the store.

[hover11]

imbert also mentioned that Hybrid vehicles will soon be exempt from taxes from around May. exactly what i was waiting for.

I would not surprised if they say '' we already paid vat on the current stock so we have no choice but to pass it on to the customers"

[K_J_R]

imbert also mentioned that Hybrid vehicles will soon be exempt from taxes from around May. exactly what i was waiting for.

I would not surprised if they say '' we already paid vat on the current stock so we have no choice but to pass it on to the customers"

not even an Aqua meets the combined requirements.

it has a larger electrical motor and total power rating overall that is greater than the specify 78kw limit

[hover11]

imbert also mentioned that Hybrid vehicles will soon be exempt from taxes from around May. exactly what i was waiting for.

I would not surprised if they say '' we already paid vat on the current stock so we have no choice but to pass it on to the customers"

not even an Aqua meets the combined requirements.

it has a larger electrical motor and total power rating overall that is greater than the specify 78kw limit

The supporters braying but didn't read the fine print....in fact they don't read

[st7]

It has gas station experts in here now oui. Talking about gas stations making a good profit on gas It musbe nice to have an online business degree

and iz how these experts know so much and still suffering

[hover11]

I would like to know who sinking themselves in debt at this time to buy a depreciating asset with a shaky economy with little growth, job cuts left right and centre coupled with stagnant salaries. ZERO foresight


Better they give someone with an online business degree to be MoF cuz being a geologist or whatever the firetruck he is not making sense

[gastly369]

Fuel pump stickers anyone?

[agent007]

KJR, maybe I’m not understanding the way how you put it but based on how I interpret the sentence, it’s drawing reference to the hybrid vehicle’s total combined power output and not simply adding the output of the motor and engine to derive a figure. The Aqua/Sienta/Axio/Fielder Hybrids have 99hp which is lower than the 105hp or 78kW. “typical” value suggested.

Stuff like the Prius, Prius alpha, Corolla cross hybrid, RAV4 hybrid, Camry hybrid, pretty much all Lexus hybrids, Accord hybrid, Serena s hybrid, Xtrail hybrid, Axela hybrid, outlander phev, XV hybrid, 330e, x5 40e, c350e, e350e, xc40 recharge, xc60/XC90 hybrids, gle450/gls450, panamera and cayenne hybrids etc pass 1600cc and are in the 1.8/2.0/2.5/3.0 bracket with combined values surpassing 105hp or 78KW.

But then again the C180, Yaris Cross, Vezel, Note ePower, Fit, Niro and Ioniq hybrids all pass 105hp too despite sticking to 1.2/1.5/1.6. We just need more clarification from the state which I presume will be cleared up next month.

If they plan this properly, ALL dealerships could get to eat some food and all segments of income earners can pay less for what suits them.