{"id":11163,"date":"2011-08-17T09:50:35","date_gmt":"2011-08-17T13:50:35","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=11163"},"modified":"2011-08-17T09:49:40","modified_gmt":"2011-08-17T13:49:40","slug":"looming-gas-strike-could-cripple-nation","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2011\/08\/looming-gas-strike-could-cripple-nation","title":{"rendered":"Looming Gas Strike Could Cripple Nation"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-11166\" style=\"margin-left: 10px; margin-right: 10px;\" title=\"gas-strike\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2011\/08\/gas-strike-250x250.jpg\" alt=\"Possible Strike by Gas Station Owners\" width=\"250\" height=\"250\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2011\/08\/gas-strike-250x250.jpg 250w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2011\/08\/gas-strike-150x150.jpg 150w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2011\/08\/gas-strike.jpeg 350w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>In an emergency meeting held last night at the Hilton, Petroleum retailers voted unanimously to strike if government does not allow them to raise their margins for gasoline.<\/p>\n<p>Gas station owners say they are squeezed between high wholsale costs and low retail margins, causing some to operate at a loss.<\/p>\n<p>While stations will be open today, the vote allows Bahamas Petroleum Retailer Association (BPRA) members the option to strike at any time.<\/p>\n<p>Oswald Moore, president of the association, said the group will take a few days to cool off before taking further action.<\/p>\n<p>Last night and this morning, gas stations around New Providence were jammed with motorists trying to fill up their tanks ahead of any strike action.<\/p>\n<p>Reatilers want the net margis increased from $0.44 per gallon to $0.74 per gallon for gasoline and from $0.19 to $0.47 for diesel.<\/p>\n<p>Minister of State for the Environment, Phenton Neymour says government is considering the request.<\/p>\n<p>Gas station retailers acknowledge that a strike would shut down the nation, causing substantila finaicnal losses, but feel that a strike threat is a good incentive to force goverment to comply with their demands.<\/p>\n<p>At least one gas station owner says he will remain open during a strike to capitalize on the situation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an emergency meeting held last night at the Hilton, Petroleum retailers voted unanimously to strike if government does not allow them to raise their margins for gasoline.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[75,40,68],"class_list":["post-11163","post","type-post","status-publish","format-standard","hentry","category-headlines","tag-automobiles","tag-government","tag-unions"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/11163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=11163"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/11163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=11163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=11163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=11163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}