Prime Minister Barrow also spoke to us about the recent fluctuations in fuel costs that saw the price of regular gas going down and premium going up, and let us know what to expect in the coming months...
Reporter
"In terms of regular fuel decreasing and the premium that did increase, what are the trends that we can expect in the near future?"
Rt. Hon. Dean Barrow - Prime Minister
"With the Premium there was a little bit of a lag and that's the effect of the lag. With the next shipment that also will go down. The next shipment of diesel will see a decrease and for the next few months that ought to be the trend. Of course you know that everything depends ultimately on what's happening abroad with geopolitics with the way the oil prices are moving, with the fact now that there's going to be decreased production from Iran given the US sanctions, there's decreased production from Venezuela given the internal problems. But as you know, OPEC and Russia are agreeing in principle to increase production, US SHALE is going great so it does look at though for the next few months perhaps the next half a year, there ought to be a downward trend. Of course, it is so volatile that anything can happen and that can change. But as of now, the best assessment is for continuing declines for the next couple of months."
The Press met the Prime Minister at the PSE awards where his daughter Salima was an honoree.
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