THE CONSUMER Affairs Commission (CAC) has produced evidence that a large number of retailers in the petroleum trade have not been passing on price reductions to motorists in line with the price cuts given to them by the state-owned oil refinery, Petrojam.

A recent CAC National Petrol Price Survey indicates that the prices at the pump now attract a “notably” high mark-up. Retailers have increased their mark-up from an average of 13 per cent, in the past, to 21 per cent, today, the survey highlighted.


Are retailers #SlowToChange or just plain #Gouging?

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