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Petrol Price Hike
08/18/05
Petrol Price Hike
This year 2005, so far has been a financially challenging year for most of us. We have learnt to cut, carve and tighten in order to keep afloat. Just when we thought it couldn’t get any worst we are greeted with the news of a dramatic increase in the price of petrol by Petrojam, the state owned oil refinery.
Unleaded (87) petrol has been increased by $3.52 per litre. Unleaded (90) by $3.25, auto diesel by $2.79 and kerosene by $2.80 per litre. These increases represent an 8% hike by Petrojam to the Distributors and Retailers who will then add their respective mark up to us the consumers. ‘We all know how that can vary’.
According to Mr. Noel daCosta, chairman of Petrojam these increases are as a direct result of the record hike in world oil prices and the devaluation of the Jamaican dollar. World oil prices reached a record high of US $67.10 per barrel last week.
The cost of almost everything we do or consume is driven by petrol. Transportation plays a major role in our everyday lives. The cost of petrol is factored into most goods and services that are essential. Our utility bills are affected by the cost of petrol.
Not to mention that world oil prices may still go up further. The dollar has been slipping rapidly these last couple of weeks. Today’s bankers selling rate was as high as $62.57 Jamaican dollars to $1.00 US dollar. Where will it all end?
“It naa look pretty, Jamaica” Salaries not increasing. ‘And, if you work for the government, even more woe unto you’. As you all know under the MOU, (weda yu did sign r not) no increase forthcoming for the next couple years. Unless the government going to exempt we from all further increases like the pending bus fare.
Let’s hope that is the plan. In the meantime, “Me a go get a tighter belly ban an pray say mi no bust’.
Nuff Love
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Reasons why I love my Jamaican Mom
1. My Mother taught me about ANTICIPATION.
"Just wait till we get home."
2. My Mother taught me about RECEIVING.
"You going get a ass'n when we get home!"
3. My Mother taught me to MEET A CHALLENGE.
"What di backside yu thinkin'? Answer me when me talk to you...Don't talk back to me!"
4. My Mother taught me CONSEQUENCES.
"If yu run cross de road an' cyar lick yu dung, a goin' kill yu wid lick."
5. My Mother taught me THE VALUE OF EDUCATION.
"If yu no go a school, yu a go tun tief or walk an' pick up bottle."
6. My Mother taught me MEDICAL SCIENCE.
"If yu tun over yu eye lid an fly pitch pan it, it a go stay so fi evva."
7. My Mother taught me to THINK AHEAD.
"Is not one time monkey goin' wan' wife"
8. My Mother taught me ESP.
"Yu tink a don't know what yu up to nuh?"
9. My Mother taught me HUMOR.
"If yu don' eat food, breeze goin' blow yu 'way."
10. My Mother taught me how to BECOME AN ADULT.
"Come an' tek yu beatin' like man."
11. My Mother taught me about SEX.
"Yu tink say yu drop from sky?"
12. My Mother taught me about GENETICS.
"Yu jus' like yu faada."
13. My Mother taught me about my ROOTS.
"Yu tink mi come from "Back A Wall?"
14. My Mother taught me about WISDOM OF AGE.
"When yu get to be as ol' as me, yu wi understan'."
15. And my all time favorite... JUSTICE.
"One day wen yu have pickney, a hope dem treat yu same way."
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