Search results for : fuel
NTP calls for action on high mineral fuel imports
July 12, 2022
NTP calls for action on high mineral fuel imports
The government should assess increasing tariffs and taxes on highly energy-consuming goods and exempting taxes on electric vehicles in an effort to reduce the high mineral fuel imports bill, the draft National Trade Policy has recommended. Mineral fuels account for the country's highest imports with values having increased by more than $300 million annually over ...
The post NTP calls for action o...
POWER FIRM BLASTED OVER FUEL SURCHARGE
September 27, 2011
POWER FIRM BLASTED OVER FUEL SURCHARGE
By DENISE MAYCOCK
Tribune Freeport Reporter
dmaycock@tribunemedi.net
FREEPORT - RESIDENTS have demanded that the Grand Bahama Power Company show how it calculates its fuel surcharge, after it was proven that this electricity bill component was now 80 per cent higher than at the $140 per barrel oil price peak in mid-2008.
A lot of anger and hostility were directed at the company's executives du...
BPL to increase fuel charge, CEO says
June 27, 2022
BPL to increase fuel charge, CEO says
Although Prime Minister Philip Davis promised to prevent an increase in the cost of electricity, Bahamas Power and Light (BPL) CEO Shevonn Cambridge predicted that the company will increase its fuel charge in "the next month or two". "The process or the procedure for adjusting it is prescribed in the fuel charge [regulation]..." Cambridge told ...
The post BPL to increase fuel charge, CEO say...
Pintard wants answers on BPL fuel charge
June 22, 2022
Pintard wants answers on BPL fuel charge
Free National Movement Leader Michael Pintard yesterday called on Minister of Works and Utilities Alfred Sears to provide an update on Bahamas Power and Light's (BPL) hedging program and indicate whether the power company will increase its fuel charge. While noting that the opposition is "deeply concerned", Pintard pointed to BPL CEO Shevonn Cambridge's assertion ...
December 02, 2019
Land Of The Free: Minnis Reveals Crown Land Giveaway To Fuel Dorian Reconstruction
PRIME Minister Dr Hubert Minnis said the government will provide Crown land for free in Abaco and Grand Bahama to construct low-cost homes for Hurricane Dorian victims.
Spending on fuel up 30%, consumer prices up 3.4%
June 17, 2022
Spending on fuel up 30%, consumer prices up 3.4%
Average consumer prices rose by 3.4 percent during the first quarter of 2022, according to the most recent data provided by The Central Bank of The Bahamas (CBOB), and the country's overall spend on fuel increased by more than 30 percent due to volatile global market activity. Inflation has been projected to rise as high ...
Fuel operators: We might have to shut down
June 13, 2022
Fuel operators: We might have to shut down
FUEL operators yesterday warned gas stations may have to shut down if prices do not stabilise soon, insisting they cannot wait months for this crisis to be resolved.
Henfield: We must reduce fossil fuels
May 05, 2022
Henfield: We must reduce fossil fuels
A FORMER Cabinet minister said yesterday the country must be more "deliberate" and take aggressive steps to harness renewable energy in an effort to reduce our need for fossil fuels.
PM says large countries should consider forgiving climate change fueled debt of small island states
May 02, 2022
PM says large countries should consider forgiving climate change fueled debt of small island states
Large countries that significantly contribute to climate change should consider forgiving the climate change fueled debt of small island developing states, Prime Minister Philip Davis said. "We look at our GDP-to-debt ratio and we recognize that in our country, in particular, and no doubt throughout the Caribbean, most of our debt is directly related to ...
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Pintard calls for details on BPL fuel charge
April 22, 2022
Pintard calls for details on BPL fuel charge
While Minister of Works Alfred Sears said the government is committed to Bahamas Power and Light's (BPL) fuel hedging program, Opposition Leader Michael Pintard yesterday called for Sears to clarify whether or not a new rate has been locked in and the details of it. Given that the fuel surcharge has historically represented a significant ...
The post Pintard calls for details on BPL fuel charge ap...
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