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May 22, 2013
Thursday, June 21, 2012

Anti-hoarding law enforced by the Government

Planning Minister Julio De Vido.

Planning Minister Julio De Vido gave a press conference today at the Economy Ministry to give a thorough assessment on what the fuel distribution scenario is nationwide as the national strike set by the Teamsters’ union continues.

The official remarked that the national government "will take all necessary legal action to resolve the situation", which may include bringing the anti-hoarding law into effect, and reporting those businessmen who refuse to collaborate.

Thus, the official highlighted that "A total of 6,000 homes within the Buenos Aires province have been affected due to the fuel shortage. So, we recommend the population to take good care of their gas consumption until the situation gets back to normal."

Likewise, De Vido revealed that "As from today, we have re-assigned 7 million cubic metres of natural gas so that population can be provided. Obviously, many industry sectors will be affected by this whole situation", the minister said and added in what seemed to be a macro analysis of the situation that "There's a a glass factory that had to stop its production due to the fuel shortage."

In terms of transportation, the Minister said that "According to the available stock, fuel supply of metropolitan [BA City and Greater BA] transportation, including trains and buses, is guaranteed until this Saturday.

Long distance buses have reduced their frequency by 30 percent, so we recommend the population to avoid –if possible- taking long trips mostly to Cuyo region where the fuel shortage is quite sensitive by now."

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Tags:  De vido  Planning Minister  strike  fuel shortage  teamsters  


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