The massive drop in crude oil prices should give Jamaica a - TopicsExpress



          

The massive drop in crude oil prices should give Jamaica a lifeline in the budget. Our oil bill is our largest expenditure, $2 Billion US and counting each year. If our long term arrangements can shave off a few hundred millions then we can rid our selves of the achilles heel in our economics (IMF). It could also dampens the loud speaking Trinidad or Tobago much. A 25% drop in oil would be reflected as red on their sheet and green on ours. Then we could buy back Air Kingston and put Tivoli Air Ways on it. This oil shift can certainly throw a curve ball in the dollar making the IMF Halla. I am sorry, i was having a night dream, GOOD NIGHT FOLKS!
Posted on: Tue, 28 Oct 2014 03:48:31 +0000

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