Diesel to become scarce at gas stations, predicts service station President

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April 28, 2011

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

DIESEL fuel is to "become more scarce" in short order, the President of the Bahamas Petroleum Retailers Association has warned, as retailers face growing problems with cash flow in light of further hikes in the wholesale cost of diesel and gasoline.

Oswald Moore, President of the Bahamas Petroleum Retailers Association (BPRA), said that retailers, who have seen their profits shrink as costs grow and margins remain fixed, "cannot continue to carry this load much longer."

"What we will see right now until the government does something is that diesel will become more scarce as retailers find it harder to go get it and ...

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News date : 04/28/2011    Category : Tribune Stories

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