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Salvadorian Distributors Decry
Foreign Oil Co
Salvadorian Oil Product
Distributor Association
President Julio Villagran
denounced on Wednesday the
oil-national-market control by
transnationals.
The foreign companies are
responsible for the increase in
fuel prices, before which the
government appears unflappable,
he asserted.
The executive asserted that
President Elias Antonio Saca´s
economic cabinet knows the
problems in a great extent, "but
it does nothing about it."
He warned that Salvadorians will
have to adjust to a new tariff,
with which the increase in
hydrocarbon prices reaches its
12th consecutive week.
Drivers should pay now $0.25
more for one special gas gallon,
$0.23 more for that of regular
gas, and $0.6 over the current
price of a gallon of diesel.
With that increase, the price of
special and regular gas reached
$3.74, and diesel´s went up to
$2.84.
According to the businesspeople,
the Esso, Shell, and Texaco
consortiums manipulate the
market, from imports to retail
sale, thus fixing a stable price
does not depend on the
distributor, but on the oil
company.
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