Saturday, December 16, 2017

Budget hike in retail margins for gas stations*


GAS stations across T&T received a 5-cent adjustment in the retail margin on the sale of premium, super and regular gasoline as well as diesel in the 2018 budget, although the increase in the retail margin was not mentioned by Minister of Finance Colm Imbert in his budget presentation.
Last week Monday, in delivering the budget, Imbert told Parliament: “Within the existing price structure, wholesale margins for premium, super and regular gasoline are set at 14.5 cents and since 2009 have remained constant at 9.5 cents for both Diesel and Kerosene. 

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