BEIRUT

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Gasoline prices should drop: taxi union chief

BEIRUT: The head of the Syndicate of Taxi Drivers, Abdel Amir Najdi voiced his concerns about the weekly rise of gasoline prices while the international oil price is going down. 

“The monopoly by oil companies is leading to an increase in the price of gasoline which is posing a heavy burden on taxi drivers who are already suffering from illegal competition in addition to the dire economic situation,” he said. 

Najdi called upon the energy and finance ministers to officially sign the weekly table of gasoline prices and to better control this process. Najdi said the gasoline price went up by LL1,500 when the international oil price increased to $115, but he criticized the fact that the price did not go down again by LL1,500 when the international price went down to $106.

 He also called upon the government to investigate the source of oil imports of Lebanese oil companies.

 
A version of this article appeared in the print edition of The Daily Star on July 18, 2014, on page 5.

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