Home Local News The West Indies Oil Company’s attempt on Monday to avert fuel hoarding chaos failed as thousands of automobile owners

The West Indies Oil Company’s attempt on Monday to avert fuel hoarding chaos failed as thousands of automobile owners

by Pointe Xpress
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 descended upon service stations last night, draining the supplies at the pump.

WIOC’s Chief Executive Officer, Gregory Georges, reassured the public on Monday that there was absolutely no need for panic as the country’s supplies of gasoline and diesel were adequate.

The disquiet began over the weekend with a rumor that the tanker transporting fuel did not make land.

WIOC’s Georges dismissed the claim, noting that the ship’s arrival had only been delayed. He said while some gas stations may be low in supply, the country itself had sufficient reserves of petrol.

He offered the assurance that a shipment of fuel had been cleared and that all service stations would be fully replenished by today.

WIOC began replenishing service stations on Tuesday morning as promised, however, the long lines persisted into the afternoon as drivers attempted to fuel up their cars.

By Tuesday evening, the lines were reduced as normalcy returned.

Georges said there are adequate stores of diesel in the country.

On Monday, WIOC announced that fuel prices would decrease as the price on the world market had also declined. Gasoline now retails for $13.90 per gallon, down from $15.54, while diesel is being sold for $14.25 per gallon, a decrease from $16.70.

 

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