22 Hrs
Source:
القدس
Gas Hike, Ongoing Looting
The General Petroleum Authority attributed the November increase in prices for fuel products and cooking gas to disruptions in global energy supplies, regional escalation, and higher shipping and transportation costs. It stressed that the rise in gas prices was linked to global prices and was not due to new taxes or higher distributor profit margins. The Authority said that the Israeli occupation authorities’ withholding of Palestinian public funds for the nineteenth consecutive month was limiting its ability to support prices. It added that Israel’s control of the crossings and restrictions imposed by the customs union prevented it from bypassing the clearance mechanism. The Authority is considering possible measures to ease the burden, and expects prices to fall once external factors subside and energy markets stabilize.
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