We have fuel for 20 days after Petrotrin refinery closed - Khan

[vaiostation]

Sometimes I wonder if people don't realize that politicians don't give a firetruck about you... They only business about themselves and their financiers. Everybody else could dead, it ain't go matter.

[Redman]

Haven't we been importing fuel since forever?

How dare you inject pragmatism and logic into the thread.

We importing fuel on a regular basis from Venezuela and elsewhere for years.

We have been importing crude not fuel. To use together with our local crude to refine to make fuel and other products for years.

Petrotrin imports 92 and 95 RON when needed.

It would be needed if the specific plants are down, or when the refinery run is sold and there is a shortfall.
The Vene gas was also a different color at times
It's been happening for ever as Vexx said.

[sMASH]

NP to lease the galleons passage from PATT to ferry gasoline to the country from Venezuela

[Mr President]

Last time we hear news from the ministry of energy see what happen
http://www.cnc3.co.tt/news/fake-news-ab ... y-minister

[No_Name]

I confused- where they getting the fuel from once the plant is closed next month? If they have 20 days worth of fuel as backup shouldn't they already have the alternative source of supply decided upon and ready to go.

Last night two people said deals like this should have been sorted out months in advance...not days...just imagine if they try to rush a seller, last minute thing they get some ridiculous prices.....who you think gonna feel it???

Great is the PNM yes

Lack of foresight & proper planning...
Galleon's Garbage scenario once again...
Cya expect anything else from this bunch of degenerates...

[Ben_spanna]

At least if Petrotrin ain’t gonna make the sh1t quality diesel again, we might finally get a high quality diesel with much lower sulphuric levels so that our common rail diesels won’t continue to mash up again.
Ah hear Aurdi, vw AND bimmer all planning to start bringing diesel vehicles again if we getting imported fuel.

[toyota2nr]

Haven't we been importing fuel since forever?

Hush yuh stink mouth. How dare you try to educate the population

If so then we should already have a buyer. More lies from the useless dishonest government.

[88sins]

allyuh red & ready yet?

[shake d livin wake d dead]

allyuh red & ready yet?

Long time...even more so for 2020

[88sins]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

[Redman]

So the concern is that fuel prices will rise because Petrotrin folds....although those two data points are not directly related.

The subsidies on fuel are being removed...we will see increased fuel cost if the international prices move higher....Petrotrins existence has no influence on that.

I don't believe the refinery will be shut down permanently....its a massive asset that under the right conditions will work.

[shake d livin wake d dead]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

if the subsidies are removed on super and diesel....how much we looking at?? close to $5 per liter?

[sMASH]

Was all the fuel imported, or was some obtained from petrotrin?

[EFFECTIC DESIGNS]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

What about cooking gas?

PNM people only fear cooking gas they say they are safe because cooking gas won't be affected so they will continue to support the PNM.

[shake d livin wake d dead]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

What about cooking gas?

PNM people only fear cooking gas they say they are safe because cooking gas won't be affected so they will continue to support the PNM.

that same $20 BBQ would reach $40

[pugboy]

we go have to revert to charcoal soon like haiti and other poor countries
boatloads coming from vene

[hydroep]

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

[88sins]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

if the subsidies are removed on super and diesel....how much we looking at?? close to $5 per liter?

From what I saw awhile ago some ppl were estimating initially just under $6.00/l for super, with increases as time goes along.

[88sins]

we go have to revert to charcoal soon like haiti and other poor countries
boatloads coming from vene

if ppl get off T&TEC grid & use an electric stove they go be aight. at least for a while

[Daran]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

if the subsidies are removed on super and diesel....how much we looking at?? close to $5 per liter?

From what I saw awhile ago some ppl were estimating initially just under $6.00/l for super, with increases as time goes along.

$6 not bad at all was thinking closer to $8

[Rovin]

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

trinis be like : once d rapist is d same color as u its all good ......

[88sins]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

if the subsidies are removed on super and diesel....how much we looking at?? close to $5 per liter?

From what I saw awhile ago some ppl were estimating initially just under $6.00/l for super, with increases as time goes along.

$6 not bad at all was thinking closer to $8

Oh don't you worry, it'`ll get there & surpass that soon enough if they lease/sell the refinery or just leave it to rot (as is the usual practice with defunct state assets), & scrape together dumb deals with profit driven corporations to supply fuel on a national scale. I have serious doubts about the alleged "restructuring plans" that the Tobago tuntun & Minister of Grinning idiocy yapping about, much less the state retaining ownership & control of production & revenues. But back to the initial topic...

Now, that's approx. 50% increase in fuel cost from where it is now. So, taxis fares will be the first thing to increase, immediately, to be followed soon there after by the cost of goods, starting with the basics such as groceries/produce. Meanwhile, 99% of the working population gonna be making the exact same salaries they did before the increases forced the little purchasing power they had downward, & it'll only get worse. The socio-economic gap we currently live with is going to widen.

[Ben_spanna]

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

Only due to a disgusting Public transport system, and lack of Bike lanes and lack of education for motorists to respect bicycles on the roads!
I would happily ride meh bike, but then yuh haffi put a DOME over beetham as I woud feel threatened to ride past there

[shake d livin wake d dead]

well i hear baldilocks saying they contracting with shell & another company to supply fuel
so when they start supplying fuel & prices at the pump keep climbing upwards at random points in time & they then cut off the supply because we have no forex to pay the bill, then we go see how many ppl really red & ready.

if the subsidies are removed on super and diesel....how much we looking at?? close to $5 per liter?

From what I saw awhile ago some ppl were estimating initially just under $6.00/l for super, with increases as time goes along.

$6 not bad at all was thinking closer to $8

Oh don't you worry, it'`ll get there & surpass that soon enough if they lease/sell the refinery or just leave it to rot (as is the usual practice with defunct state assets), & scrape together dumb deals with profit driven corporations to supply fuel on a national scale. I have serious doubts about the alleged "restructuring plans" that the Tobago tuntun & Minister of Grinning idiocy yapping about, much less the state retaining ownership & control of production & revenues. But back to the initial topic...

Now, that's approx. 50% increase in fuel cost from where it is now. So, taxis fares will be the first thing to increase, immediately, to be followed soon there after by the cost of goods, starting with the basics such as groceries/produce. Meanwhile, 99% of the working population gonna be making the exact same salaries they did before the increases forced the little purchasing power they had downward, & it'll only get worse. The socio-economic gap we currently live with is going to widen.

diesel is the real MC...wait for it...this is where yuh going and pay $20 per lb for tomatoes

[hydroep]

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

Only due to a disgusting Public transport system, and lack of Bike lanes and lack of education for motorists to respect bicycles on the roads!
I would happily ride meh bike, but then yuh haffi put a DOME over beetham as I woud feel threatened to ride past there

Sometimes it seems as though the authorities have purposely neglected the Public Transportation system, making people dependent on their vehicles. Think about it: apart from the margins, there are all sorts of taxes built into the price of fuel. Those revenues go into the consolidated fund from which Government can thief...ah mean spend.

Long story short, the more people drive the more money Government makes. The motoring public continues to be a cash cow and Sh!tkicker & Co. look like they're gonna milk drivers until blood running from their teats...

[KM_2NR]

Aqua or AD wagon?

[88sins]

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

nah, the name of the game is "make it fubar"

[88sins]

diesel is the real MC...wait for it...this is where yuh going and pay $20 per lb for tomatoes

yuh mean if u could find tomatoes to buy.

[No_Name]

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

Very much so...
Trinis don't knw how/when to say NO/ENOUGH IZ ENOUGH...!!!
Ething izza shrug shoulder, party n lime attitude...

[ADONI]

:agrue:

Those fellas know fuel has a very low price elasticity of demand (i.e. they could jack up the price and jackarse Trinis go still pay for it) because on average locals cannot do without their cars.

The thinking must be: "Rape them until they riot."...

Very much so...
Trinis don't knw how/when to say NO/ENOUGH IZ ENOUGH...!!!
Ething izza shrug shoulder, party n lime attitude...

Well let we do something nah! I say blow up parliament! Who in?