NewsWhore
10-17-2008, 05:20 PM
Former president of the Dominican Petroleum Refinery Leopoldo Espaillat Nanita is asking the government to disclose the real purchase price of Venezuelan-sourced fuel. Espaillat says it is ridiculous that while the DR buys its fuel from Venezuela it uses prices of the West Texas Intermediate as a reference point for setting prices here. Espaillat said that in June the cost of a barrel of Venezuelan fuel was US$20 below the West Texas fuel, yet the government was setting prices based on the more expensive US market price. He added the government knew what they were doing - collecting higher taxes based on a higher fuel price.
More... (http://www.dr1.com/index.html#7)
More... (http://www.dr1.com/index.html#7)