UPP Leader says price hikes in fuel will create a ‘significant bump’ in residents’ expenditure

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REAL NEWS:   The United Progressive Party (UPP) Leader is again chastising the Gaston Browne Administration for passing on the increase in fuel prices to consumers. CLICK HERE TO JOIN OUR WHATSAPP GROUP.

Harold Lovell, who says he is not seeking to politicize the issue, describes today’s fuel hike as another “Reaping the Bitter Fruits of Bad Policies” that has characterized the Browne government.

Lovell also took issue with the fact that Browne announced the price hikes on his affiliated radio station on Saturday, June 11, and not via State media.

Effective Monday, June 13, gas prices increased from $15.15 to $17.50 per gallon and the price of diesel to $17.25 from $15.23 per gallon.

Because other Caribbean islands and countries further afield have increased their fuel prices, it is not an excuse to do so here, Lovell contends. And he says the pass-through mechanism is one pricing policy that has not been managed properly.

Lovell says the price of fuel has moved by 40 percent since the start of the war between Russia and The Ukraine.

He says the impact of the increase on the citizens and residents is not reasonable, but is unconscionable and not a situation that people can live with, given the “significant bump” in persons’ expenditure.

The Political Leader notes that the UPP Administration had cushioned a previous fuel increase during the World Economic Crisis.

Further, Lovell does not see the continued subsidy of cooking gas as particularly significant since, according to him, this has historically been the case.

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5 COMMENTS

  1. Every time Lovell opens his mouth and tries to sound intellectual, he proofs how inept he is. Government has no money. We still live in a pandemic and revenues are still not at 2019 levels. Yet he feels our government should find the money to pay WIOC for fuel in order to keep the prices low. Or is he suggesting that fuel should be zero rated. No taxes whatsoever. I guess UPP will run the country without any taxes.
    That is why they introduced the PIT. The ABST and the RRC. And that’s why they raised the price of LPG cooking gas by $10.00 for a 20lb cylinder and more for a 100lb. How smart. Still they claim they run the country with less money, while having all these new taxes. And still they took us to the IMF and got over $300million dollars as proceeds of a loan. A loan which was fully repaid by the very same ABLP

    • FROM THE SIDELINE the question that is on the minds of all Antiguans is WHEY THE MONEY GARN. It would be instructive in your response if you provide an answer to that question.

  2. FTS, Harold Lovell is in your brain. You have run out of ways and words to make your evil emperor look good. You are sounding like one of his duncy butt lickers.

    Lovell is hitting every nerve and is pestering the hell out of your land greedy boy who is no longer pretending to be a leader for the people.
    Why are you still persisting? Are you getting paid for the drivel you write?
    Not too late for you to start checking yourself and get some decency.

  3. FTS, Harold Lovell is in your brain. You have run out of ways and words to make your evil emperor look good. You are sounding like one of his duncy butt lickers.

    Lovell is hitting every nerve and is pestering the hell out of your land greedy boy who is no longer pretending to be a leader for the people.
    Why are you still persisting? Are you getting paid for the drivel you write?
    Not too late for you to start checking yourself and get some decency.

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