NewsWhore
10-21-2008, 03:00 PM
Economy, Planning and Development Minister Temistocles Montas explained that regardless of the decrease in international fuel prices the public would continue to pay elevated gasoline prices because the government needs to make up the revenue it lost when the barrel of petroleum was registered at US$150. Montas said that months ago when the barrel of fuel was at US$147 per the government didn't pass on the extra cost of fuel to the consumer, reducing the government's level of revenue, but now that prices are lower the government needs to recoup the money it was unable to previously collect.
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