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Re: Removal of the subsidy on cooking gas?!!?!

Postby Duane 3NE 2NR » January 23rd, 2021, 4:44 pm

pugboy wrote:it varies though, depends on the type of food
a fried food place would have fryers running all the time vs a place cooking pot food like curry

Duane 3NE 2NR wrote:
Dave wrote:An even $30 would not be bad.

Maybe not so much for households
But food businesses that buy LPG are going to raise their prices

Any opportunity to raise prices
Diesel went up and the price of doubles went up by 25%, from $4 to $5

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Re: Removal of the subsidy on cooking gas?!!?!

Postby pugboy » January 23rd, 2021, 7:14 pm

news now say even though there is increase in costs, govt bearing the extra cost to consumers

ie they backpedaling

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Habit7 » January 23rd, 2021, 7:23 pm

Small thing if it is just cauterising $2B in losses a year and turning it around to $1.5B in profits.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Habit7 » January 23rd, 2021, 7:25 pm

pugboy wrote:news now say even though there is increase in costs, govt bearing the extra cost to consumers

ie they backpedaling

They are not backpedalling, it was the original comment nobody paid attention but chose to just go off of what they heard somebody say.

Habit7 wrote:
sMASH wrote:https://www.facebook.com/watch/?v=456758248821427

smash why you so gullible and susceptible to UNC lies? You can literally see where the edits are made to string a false narrative.

The Petroleum Levy normally would go towards the liquid fuel subsidy. But since the subsidy is being removed (a plan both UNC and PNM endorsed) the petroleum levy will now go towards the LPG subsidy we buy on the open market. Prior to that Petrotrin used to absorb the cost, but now that the refinery is down, we have to buy it on the open market. Min. Khan said the price will stay the same.

Rather than trying to call out the govt, why don't you call out Anil Roberts for pushing propaganda? I don't think you will, because you prefer the propaganda more than the truth.

Listen from 1:30:00

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Re: Removal of the subsidy on cooking gas?!!?!

Postby The_Honourable » January 23rd, 2021, 7:30 pm

Duane 3NE 2NR wrote:
pugboy wrote:it varies though, depends on the type of food
a fried food place would have fryers running all the time vs a place cooking pot food like curry

Duane 3NE 2NR wrote:
Dave wrote:An even $30 would not be bad.

Maybe not so much for households
But food businesses that buy LPG are going to raise their prices

Any opportunity to raise prices
Diesel went up and the price of doubles went up by 25%, from $4 to $5


but we continue to buy...

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Redman » January 23rd, 2021, 7:32 pm

pugboy wrote:news now say even though there is increase in costs, govt bearing the extra cost to consumers

ie they backpedaling


Petrotrin was taking the hit on LPG now it’s a govt.


They just have to modify the Petroleum Act to adopt a new reference price.


Look for ppgl cash flow to get messed up.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby daring dragoon » January 24th, 2021, 6:12 am

Duane 3NE 2NR wrote:
pugboy wrote:it varies though, depends on the type of food
a fried food place would have fryers running all the time vs a place cooking pot food like curry

Duane 3NE 2NR wrote:
Dave wrote:An even $30 would not be bad.

Maybe not so much for households
But food businesses that buy LPG are going to raise their prices

Any opportunity to raise prices
Diesel went up and the price of doubles went up by 25%, from $4 to $5



during lockdown everyone realize doubles cost about $1 to make and they still continue to buy at $5.

diesel went up people complain and yet they continue to buy the vans and diesel vehicles for personal use, every day is new TEA hilux and ranger etc on the road. Cook gas price increase will not make an impact on anyone life except make them value money, value education and get up and work.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby sMASH » January 26th, 2021, 4:55 pm

Habit7 wrote:Small thing if it is just cauterising $2B in losses a year and turning it around to $1.5B in profits.

did they just peddle out that jamaica paying 100 equivalent in tt, to just show how benevolent they are?
they have to modify the act for it to remain the same price. guess what, when the covid loan money run out and they need to tighten the belt again....

this the same govt that stop the kamala laptop program then put taxes on the pc systems then remove them again when it became a worldwide phenomenon.

all i hadda say is,, pending.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Habit7 » January 26th, 2021, 5:11 pm

sMASH wrote:
Habit7 wrote:Small thing if it is just cauterising $2B in losses a year and turning it around to $1.5B in profits.

did they just peddle out that jamaica paying 100 equivalent in tt, to just show how benevolent they are?
they have to modify the act for it to remain the same price. guess what, when the covid loan money run out and they need to tighten the belt again....

this the same govt that stop the kamala laptop program then put taxes on the pc systems then remove them again when it became a worldwide phenomenon.

all i hadda say is,, pending.

Because the refinery is closed, we have to buy LPG on the open market like Jamaica. Petrotrin refinery used to provide us with LPG and absorbed the subsidy, part of the reason why it was loss-making.
Covid loan has nothing to do with this, the Petroleum Levy is a tax all oil companies pay to subsidise fuel. It is was not enough to subsidise the majority of the cost so govt put the majority, However, now with unsubsidized fuel, the Levy will subsidise the LPG.

This is nothing to do with Kamla or laptop, the issue is somebody with the wicked attempt to deceive, edited a video to give a false narrative to the most gullible ppl in T&T who they knew were too lazy to corroborate what was said or see the obvious splicing of the video.

You were victim #1. Again.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby sMASH » January 26th, 2021, 5:45 pm

boo hoo, who close the refinery? u know how ass like we lookin that we had to buy bitumen from barbadoes?

again, pending.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby De Dragon » January 26th, 2021, 6:57 pm

sMASH wrote:boo hoo, who close the refinery? u know how ass like we lookin that we had to buy bitumen from barbadoes?

again, pending.

Plastic and Pornsie convinced in their heart of hearts that every single LFDRFD PNM decision is for the best, and will defend any and all. It's like they were in a cult or something. :| :|

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Habit7 » January 26th, 2021, 9:12 pm

sMASH wrote:boo hoo, who close the refinery? u know how ass like we lookin that we had to buy bitumen from barbadoes?

again, pending.

We were buying bitumen from Barbados since under the PP admin https://www.guardian.co.tt/article-6.2. ... 0c6aecfbb2

Whether it is bitumen, LPG, naphthalene or anything else, the refinery had to import the majority of the crude and the products were selling at lose due to high cost of production. It is obvious your knowledge of these things is limited to what Allan Karim posts on Kick Out the PNM.

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Re: Removal of the subsidy on cooking gas?!!?!

Postby sMASH » January 26th, 2021, 9:37 pm

yeah, they had to import because of down time at the refinery...
yup, shutting down the refinery results in lack of bitumen. now its permanently so,

good job, pnm. how we say, GRATE IZ D PDP!!!

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Re: Removal of the subsidy on cooking gas?!!?!

Postby De Dragon » January 27th, 2021, 11:13 pm

sMASH wrote:yeah, they had to import because of down time at the refinery...
yup, shutting down the refinery results in lack of bitumen. now its permanently so,

good job, pnm. how we say, GRATE IZ D PDP!!!

Some LFDRFD PNM Econ 101
Caroni
Petrotrin
Lake Asphalt
Mittal
See the commonality?

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Re: Removal of the subsidy on cooking gas?!!?!

Postby shake d livin wake d dead » October 4th, 2021, 2:42 pm

So far its 50-50.....lets see

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Ben_spanna » October 7th, 2021, 11:31 am

Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making

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Re: Removal of the subsidy on cooking gas?!!?!

Postby zoom rader » October 7th, 2021, 11:47 am

Ben_spanna wrote:Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making
The red government need to decide if the want free trade or not

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Re: Removal of the subsidy on cooking gas?!!?!

Postby eliteauto » October 7th, 2021, 11:49 am

Ben_spanna wrote:Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making


That comment makes no sense, the products are regulated and under subsidy, the gas station cannot arbitrarily raise prices, even if NP granted permission prior to the reading of the budget that would be illegal. How is anything there dictatorship?

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Re: Removal of the subsidy on cooking gas?!!?!

Postby pugboy » October 7th, 2021, 12:08 pm

i bought a tank monday at peakes $25
used to be $22 i think

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Redman » October 7th, 2021, 12:12 pm

eliteauto wrote:
Ben_spanna wrote:Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making


That comment makes no sense, the products are regulated and under subsidy, the gas station cannot arbitrarily raise prices, even if NP granted permission prior to the reading of the budget that would be illegal. How is anything there dictatorship?


Why would you inject facts into baselessness?

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Re: Removal of the subsidy on cooking gas?!!?!

Postby shake d livin wake d dead » October 7th, 2021, 2:01 pm

$28 for a tank up in the bush....nice nice

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Re: Removal of the subsidy on cooking gas?!!?!

Postby Dave » October 7th, 2021, 2:10 pm

I pay $22

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Re: Removal of the subsidy on cooking gas?!!?!

Postby zoom rader » October 7th, 2021, 2:11 pm

shake d livin wake d dead wrote:$28 for a tank up in the bush....nice nice
No one cares pass Grand bazar

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Re: Removal of the subsidy on cooking gas?!!?!

Postby pugboy » October 8th, 2021, 1:56 pm

something ain’t smell right about this

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Re: Removal of the subsidy on cooking gas?!!?!

Postby De Dragon » October 9th, 2021, 12:41 am

eliteauto wrote:
Ben_spanna wrote:Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making


That comment makes no sense, the products are regulated and under subsidy, the gas station cannot arbitrarily raise prices, even if NP granted permission prior to the reading of the budget that would be illegal. How is anything there dictatorship?

The law states that only the Minister can adjust petroleum product prices. Goebbels panty bunch up because NP let the cat out of the bag ?

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Re: Removal of the subsidy on cooking gas?!!?!

Postby zoom rader » October 9th, 2021, 9:02 am

De Dragon wrote:
eliteauto wrote:
Ben_spanna wrote:Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making


That comment makes no sense, the products are regulated and under subsidy, the gas station cannot arbitrarily raise prices, even if NP granted permission prior to the reading of the budget that would be illegal. How is anything there dictatorship?

The law states that only the Minister can adjust petroleum product prices. Goebbels panty bunch up because NP let the cat out of the bag ?
You taking on eliteauto-tuntun nonsense, day day he makes an arse out of himself

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Re: Removal of the subsidy on cooking gas?!!?!

Postby eliteauto » October 9th, 2021, 9:24 am

zoom rader wrote:
De Dragon wrote:
eliteauto wrote:
Ben_spanna wrote:Minister of everyting vex that gas stations raised their prices without his permission! well yes, now we sounding like dicatatorship in the making


That comment makes no sense, the products are regulated and under subsidy, the gas station cannot arbitrarily raise prices, even if NP granted permission prior to the reading of the budget that would be illegal. How is anything there dictatorship?

The law states that only the Minister can adjust petroleum product prices. Goebbels panty bunch up because NP let the cat out of the bag ?
You taking on eliteauto-tuntun nonsense, day day he makes an arse out of himself


OK Zoom

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Re: Removal of the subsidy on cooking gas?!!?!

Postby eliteauto » October 9th, 2021, 10:00 am

A National Petroleum Marketing Company (NP) board note has revealed that the board collectively decided to increase the price of LPG gas (cooking gas) through the implementation of a “service charge”.
The Trinidad and Tobago Petroleum Dealers Association (PDA) has therefore called on the entire board to resign, in light of the board note.
NP on Thursday issued a release apologising to Energy Minister Stuart Young for the proposed LPG price increase through a service charge, and blamed an employee whom it stated had no authorisation to issue communication with respect to such an increase.The move came after the Express discovered on Wednesday that an NP official had issued an internal e-mail authorising an increase in LPG through a service charge. The move was revealed on the heels of Finance Minister Colm Imbert saying on Monday that the subsidy on kerosene and LPG will continue.

Young has made it clear that the Government subsidy remains on LPG, which retails at $21 per 20-pound tank.
NP’s board Note No 61 of 2021 is headed, “Request for Approval to Implement Service Fee on the Sale of 20lb LPG Cylinders at NP Service Stations”.
The note stated that the board of directors considered board note number 61 and decided:
1. To implement an LPG service fee on the sale of 20-pound LPG cylinders at NP service stations;
2. To amend the existing dealers’ contract to facilitate the sharing of the respective LPG service fee 60:40, between the dealer and NP, respectively. Also, to allow the dealers’ the autonomy to set this service fee, in response to competition and price sensitivity consideration, specific to each service station.
Disingenuous and misleading
The PDA stated that the NP board must resign for the “odium and shame” they have brought on the company. The NP board comprises of Sahid Hosein (chairman), Marcus Knaggs, Nadine Nabie, Marilon David and Janille Huggins.
When this matter first received public attention, the PDA said the NPMC board said the instruction to increase the LPG price was ­unauthorised.
The PDA said it has become clear that the board of directors approved the decision to implement an increase in the price of LPG to the public, simply to attain additional rent.
The PDA stated that NP’s reve­nues of $3 billion affords them legal coverage and position to act in a manner to persecute citizens at will, and without consequences. The association said NP’s apology rings hollow, disingenuous, and misleading, and is but a ploy to ­retain their position.

“The chairman and the board of directors would never again be trusted by the public—so to show good faith we are calling on all involved in this ultra-vires decision to tender their resignations immediately to the Minister of Energy & Energy Industries, so that he can build trust in a new team going forward,” stated the PDA.

OWTU: Questions for NP chairman
On Thursday, Oilfields Workers’ Trade Union (OWTU) chief education and research officer Ozzie Warwick also spoke about the board note, saying the NP chairman has many questions to answer.
He said the board notes reveal that discussion of this took place in September.
In a Facebook video, Warwick said in his mailbox he found an “interesting” note from an NP board meeting held on September 15, 2021.
He read from the document, which spoke to a request for approval to implement a service fee on the sale of 20-pound LPG cylinders at NP service stations.
He said LPG is what most families use for cooking, as he noted food prices have already significantly increased.
He said the board note further stated it will amend the existing contract “to facilitate the sharing of the respective LPG Service fee 60/40 between the dealer and NP respectively”.
He expressed concern about giving dealers autonomy, as stated in the board note.
“So any service station from any­where in any part of Trinidad and Tobago can put whatever service fee they feel and will ensure they have an increase in their profit margins, and who you think will suffer?
“The board, the chairman, he has to answer to this,” said Warwick.
And Opposition MP David Lee said on Thursday that Young must take action against the board, and launch an investigation into the State company’s actions.
“Failure to remove, reprimand or take any action by the minister against the NP board and CEO would suggest that this was not a mere mistake, but a calculated one supported by the Government,” he stated in a release.
“Even more damning, it seems the NP board and CEO are playing smart with foolishness, as inside sources have suggested or alleged that NP intends to label these increased costs as ‘service charges’,” he stated.

https://trinidadexpress.com/news/local/ ... ejVc8BJ3tw

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Re: Removal of the subsidy on cooking gas?!!?!

Postby hover11 » October 9th, 2021, 10:01 am

Question, aren't we doing more harm than good keeping this subsidy running eventually we will have to cut it and reality will kick in, or are we leaving that for the other generation to handle it's not our problem along with everything else?

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Re: Removal of the subsidy on cooking gas?!!?!

Postby zoom rader » October 9th, 2021, 10:35 am

eliteauto wrote:
A National Petroleum Marketing Company (NP) board note has revealed that the board collectively decided to increase the price of LPG gas (cooking gas) through the implementation of a “service charge”.
The Trinidad and Tobago Petroleum Dealers Association (PDA) has therefore called on the entire board to resign, in light of the board note.
NP on Thursday issued a release apologising to Energy Minister Stuart Young for the proposed LPG price increase through a service charge, and blamed an employee whom it stated had no authorisation to issue communication with respect to such an increase.The move came after the Express discovered on Wednesday that an NP official had issued an internal e-mail authorising an increase in LPG through a service charge. The move was revealed on the heels of Finance Minister Colm Imbert saying on Monday that the subsidy on kerosene and LPG will continue.

Young has made it clear that the Government subsidy remains on LPG, which retails at $21 per 20-pound tank.
NP’s board Note No 61 of 2021 is headed, “Request for Approval to Implement Service Fee on the Sale of 20lb LPG Cylinders at NP Service Stations”.
The note stated that the board of directors considered board note number 61 and decided:
1. To implement an LPG service fee on the sale of 20-pound LPG cylinders at NP service stations;
2. To amend the existing dealers’ contract to facilitate the sharing of the respective LPG service fee 60:40, between the dealer and NP, respectively. Also, to allow the dealers’ the autonomy to set this service fee, in response to competition and price sensitivity consideration, specific to each service station.
Disingenuous and misleading
The PDA stated that the NP board must resign for the “odium and shame” they have brought on the company. The NP board comprises of Sahid Hosein (chairman), Marcus Knaggs, Nadine Nabie, Marilon David and Janille Huggins.
When this matter first received public attention, the PDA said the NPMC board said the instruction to increase the LPG price was ­unauthorised.
The PDA said it has become clear that the board of directors approved the decision to implement an increase in the price of LPG to the public, simply to attain additional rent.
The PDA stated that NP’s reve­nues of $3 billion affords them legal coverage and position to act in a manner to persecute citizens at will, and without consequences. The association said NP’s apology rings hollow, disingenuous, and misleading, and is but a ploy to ­retain their position.

“The chairman and the board of directors would never again be trusted by the public—so to show good faith we are calling on all involved in this ultra-vires decision to tender their resignations immediately to the Minister of Energy & Energy Industries, so that he can build trust in a new team going forward,” stated the PDA.

OWTU: Questions for NP chairman
On Thursday, Oilfields Workers’ Trade Union (OWTU) chief education and research officer Ozzie Warwick also spoke about the board note, saying the NP chairman has many questions to answer.
He said the board notes reveal that discussion of this took place in September.
In a Facebook video, Warwick said in his mailbox he found an “interesting” note from an NP board meeting held on September 15, 2021.
He read from the document, which spoke to a request for approval to implement a service fee on the sale of 20-pound LPG cylinders at NP service stations.
He said LPG is what most families use for cooking, as he noted food prices have already significantly increased.
He said the board note further stated it will amend the existing contract “to facilitate the sharing of the respective LPG Service fee 60/40 between the dealer and NP respectively”.
He expressed concern about giving dealers autonomy, as stated in the board note.
“So any service station from any­where in any part of Trinidad and Tobago can put whatever service fee they feel and will ensure they have an increase in their profit margins, and who you think will suffer?
“The board, the chairman, he has to answer to this,” said Warwick.
And Opposition MP David Lee said on Thursday that Young must take action against the board, and launch an investigation into the State company’s actions.
“Failure to remove, reprimand or take any action by the minister against the NP board and CEO would suggest that this was not a mere mistake, but a calculated one supported by the Government,” he stated in a release.
“Even more damning, it seems the NP board and CEO are playing smart with foolishness, as inside sources have suggested or alleged that NP intends to label these increased costs as ‘service charges’,” he stated.

https://trinidadexpress.com/news/local/ ... ejVc8BJ3tw
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