kevon.felmine@guardian.co.tt
The Oilfields Workers’ Trade Union (OWTU) is rubbishing Minister of Finance Colm Imbert’s fuel hike defence that T&T has the second-lowest fuel prices in the Caribbean, saying that citizens of those countries enjoy a better standard of living.
At a news conference in San Fernando yesterday, OWTU president general Ancel Roget accused Imbert of deceit following an announcement that the Government would increase fuel prices on April 19.
It is the same day most parents send their children back to school for the first time in over two years.
Data compiled by OWTU showed that while T&T has a minimum wage of $17.50, several other Caribbean islands were higher. Converted to TT currency, Antigua and Barbuda pays $20.76 per hour.
St Kitts and Nevis pays $22.61 while Barbados is $29.11. Puerto Rico pays $58.23, the Bahamas is $36.65, the Cayman Islands $41.10 and the United Kingdom $84.16.
“They try to justify it by making comparisons with other jurisdictions, wherein those countries they do not go to make the step further to compare the cost of living and social safety net and how they approach the issue of a living wage. While the minister deceitfully tells you and tries to con the nation, they have a choice of burdening the population or providing for the population. They choose to burden the population,” Roget said.
The OWTU said citizens now face this problem because the Government closed Petrotrin and its Pointe-a-Pierre refinery in December 2018.
The OWTU attempted to purchase the refinery with the promise of providing affordable fuel to the country but the Government rejected its bids four times.
Roget said the Government lied and divided the population, giving the impression that Petrotrin was leaking money and closing it would leave more funding for the Government to open schools, increase hospital beds and improve road conditions.
Roget said the refinery always imported oil from its inception to closure. He said T&T consumes approximately 30,000 barrels of fuel daily. He argued that excluding exports, there is enough crude to refine to produce inexpensive fuel for local consumption but that instead, the Government uses the foreign exchange from exporting crude to import fuel for local consumption.
“Shutting down the refinery also crippled, stifled, and stopped totally the country’s ability to provide fuel for itself. We have enough oil in this country if we have to produce fuels for the countries’ consumption alone on a daily basis alone,” Roget said.
He said it was time for citizens to stand with the OWTU and like-minded organisations to tell the Government that “enough is enough” and all must benefit from the fruits of the land.