Petrol dealers must unite against oil companies excesses

Former President of the Guyana Petrol Dealers Association Steve Chung is calling on petrol dealers to unite against what he said are the excesses of oil companies as they are apt to continue unprincipled practices, forcing dealers out of business.

Chung who has been a Texaco/Rubis dealer for almost four decades said over the past 10 years, the milieu for dealers has degraded and that oil companies have whittled away at the small profits that dealers were making, reducing the dealers to commission agents without security or contract.

In a press release, he said many dealers have been prevented from setting their prices and allowing market forces to operate