Petroleum dealers in St Lucia threaten to close stations
By Oscar Ramjeet
Caribbean Net News Special Correspondent
CASTRIES, St Lucia: Petroleum dealers in St Lucia are threatening to close their stations later this week if the government fails to meet their demand for a ten percent increase in profit margin.
The Barbados Nation reported that, at a meeting with Prime Minister Stephenson King last week, the dealers had agreed to the establishment of a committee to review the matter and were expecting to get the government’s response by February 13.
However, spokesman for the Petroleum Dealers Association, Evertise Jn Marie said members were extremely upset that the government had failed to keep its word.
They have written the prime minister giving him until next Thursday to respond to their demands.
The dealers argue that many of them are operating at a loss, while other businesses in the retail sector are enjoying high profit mark-ups.
Jn Marie, who is the immediate past president of the association, said the dealers were tired of the fact that successive governments had made commitments they had failed to keep.
"This has gone past the issue of a margin increase for the dealers, there is a bigger issue at stake which is politicians must learn to keep their word," Jn Marie said.