MOTORISTS were late yesterday hurrying down to city gas stations to be among the first to cash in on the recently announced reduction in fuel prices.Finance Minister Winston Jordan announced Wednesday that effective yesterday at GuyOil stations countrywide, the price for diesel will now be $168 per litre, down from $174.77, while the price of gasoline will also see a reduction of $11, taking it to $199 per litre or $985 per gallon.

Asked how they felt about this reduction, some motorists considered it negligible, although they expressed appreciation. “It’s small, but we are still willing to work with it,” they said.
As late as last evening, some minibus operators were still unaware of the reduction in the price of the commodity, and openly showed appreciation when apprised, reasoning that whereas previously it cost them between $12,500 and $13,000 to fill their tanks, it would now cost just $11,500. This would mean a saving of about $1,000 each time they fill their gasoline tanks, they said.

Some bus operators reasoned that, in effect, given the reduction announced on Wednesday, for say a South Ruimveldt minibus, which charges a fare of $100 per adult, each time that bus has its tank filled, it would be gaining the same financial value as if it had ferried 10 additional passengers. (Shirley Thomas)