Contributed by Michael Spence
What are Jamaica's plans for a disruption in oil supplies and imminent higher prices, fueling inflation, increased poverty and misery?
Oil prices will go up because of the Iran-USA-Israel war.
Also, the closure of the Straits of Hormuz, through which 30% of the world's oil shipments pass.
What mitigating plans does Jamaica have?
Jamaica's current oil supplies in storage are estimated to last around 2-3 weeks, according to Energy Minister Daryl Vaz, some time ago. Has that changed to 2-3 months or 6 months?
That storage includes more than 20 million litres of aviation fuel currently available, so as not to end up like Cuba, telling airlines not to come to Jamaica.
Should we expect fuel rationing, hoarding, steep price increases, a rush on gas stations, and long lines?
Michael Spence
Please add your comments at the bottom of the blog.
________________________
Bark Di Trute requests that you click on the advertiser's link on the page and also donate to the work of Bark Di Trute. It takes cash to care!
 |
| Click here to see what's happening. |
Subscribe Now!
Remember that Bark Di Trute could fail to bark one day without your support. Send your ideas, stories, and news by WhatsApp at (876) 816-5261.
You can view the blog with your computer at https://vderby.blogspot.com, and you will be able to see the various links. For example, there is a link that takes you to the calendar to see what is happening on the weekend. You can even search the site for articles. There is also a weather link, which you can use to track hurricanes.
_____________________
Forward back to the 70s companeros Cubanos estas nuestros amigos.
ReplyDelete