Liberia: Artificial Shortage Causes Hike in the Price of Gasoline Follow by Traveling Constraints

by Contributing Writer
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An artificial shortage of gasoline on the Liberian market has led to sharp increase in the price of gas in Monrovia and other parts of the country. Gasoline which is an essential commodity for travel was for the past few months sold for $580.00LD (Five hundred-Eighty Liberian Dollars) at the various gas stations in Monrovia and its environs, but in recent time, the gallon of gasoline is now sold $700.00LD (Seven Hundred Liberian Dollars). At the result, many vehicles are not plying the streets and transportation fees have skyrocketed and leading to many people walking in order to reach their destinations during the day.

While on an observational tour around Monrovia, bridge Radio’s reporter perceived that due to minimal quantity of gasoline at the various falling stations in Monrovia, car owners and motorcyclists are not actually obtaining the normal gallons of gas they usually buy for commercial use during the day; therefore, the number of cars and motorbikes that are running commercially are drastically reducing which direct effects impeding the quick movement of people from one area to the other. As the situation unfolds, there had been no official statement from the Government or its autonomous body the Liberia Petroleum Refinery Company (LPRC) as to why there is gasoline shortage on the Liberian market.



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