One Dollar Cut Costs State Millions | Trinidad and Tobago News

The government slashed Super Gasoline prices by a dollar, but global fuel spikes have turned that move into a $318 million subsidy hole — all while promising to absorb the cost so drivers aren’t hit at the pump. With Petrotrin’s closure amplifying energy market volatility, the Planning Minister vows to shield citizens from price hikes, even as higher oil prices strain budgets — though exports offer some offset. The full financial impact? Coming in next year’s budget. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:http://www.guardian.co.tt/news/govts-1-super-gas-cut-adds-318m-to-fuel-subsidy-bill-6.2.2668518.57013dd5a3 More coverage & latest updates:https://sources.thednn.ai/288ac1e58eb2d9d2 Report issues to [email protected].