In light of this, Gas station operators have endorsed the initiative for consumers to monitor prices at the pumps in the wake of complaints that the country is not seeing the full benefits of the decline in the cost of oil.
President of the Jamaica Gasoline Retailers Association, JGRA, Leonard Green, says the members are open to scrutiny. Mr. Paulwell wants consumers to expose petrol stations that are profiteering from gas price reductions.
And the spotlight has been turned on suppliers of goods and services who have not passed on the savings from falling fuel prices. Industry Minister Anthony Hylton says he has met with the Consumer Affairs Commission and the Fair Trading Commission to discuss the matter.
He says both agencies will be giving immediate and special focus on examining why price reductions have been limited. Speaking yesterday at the Small Business Association of Jamaica’s annual Christmas luncheon the Industry Minister described the practice as unfair despite four months of consistent decline in the cost of fuel.
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