[REVISION HISTORY]
Antigua and Barbuda fuel price and energy cost tensions
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2026-09-07 15:19 UTC → 2026-09-07 15:26 UTC ·
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In late August 2026, gas station operators in Antigua and Barbuda threatened a strike to demand higher profit margins. Prime Minister Gaston Browne criticized the timing of the potential industrial action, describing it as “bad” and “poor” given rising international fuel costs. He noted that the government had already eliminated its own margins to protect consumers from global price volatility. By early September, local gasoline and diesel prices had increased by EC$2 per gallon. Despite rising international petroleum prices and a significant increase in the Antigua Public Utilities Authority (APUA) monthly fuel bill—which rose from EC$11 million in January to EC$21.8 million in July—the APUA maintained its electricity fuel variation rate at EC$0.80 per kilowatt-hour for the fourth consecutive month. Prime Following temporary closures of several gas stations in protest of rising operating costs—including electricity, minimum wages, and credit card fees—Prime Minister Browne warned announced the formation of a committee to review the national petroleum pricing system. While the government rejected immediate margin increases for dealers, Browne acknowledged that the demands were “not necessarily unreasonable.” The review will examine the financial positions of suppliers such as Rubis and importers like the West Indies Oil Company. Browne reiterated that the government is reaching its limit has already absorbed millions of dollars in absorbing higher costs international increases and urged motorists eliminated a 15% fuel consumption tax to conserve fuel, noting that further price increases may be necessary if international trends continue. shield consumers.
Versions
- 2026-09-07 15:26 UTC Antigua and Barbuda fuel price and energy cost tensions
- 2026-09-07 15:19 UTC Antigua and Barbuda fuel price and energy cost tensions
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