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VITOL propane shipment arrives on St. Croix in 2015, from V.I. Source archives

WAPA Default Cuts Off Propane: Electricity Crisis Prompts Emergency Meetings

Vitol, the V.I. Water and Power Authority's propane supplier and creditor for WAPA's conversion from oil to propane electricity generation, cut off the propane it supplies the utility at noon Saturday. This means WAPA must use more expensive fuel oil instead and cannot use its newest, most efficient generators.

Bryan Calls Emergency Legislative Meeting Over WAPA

With less than 24 hours notice, Friday afternoon Gov. Albert Bryan Jr. called the Legislature into an emergency meeting Saturday, Dec. 21, to discuss "matters related to the V.I. Water and Power Authority."

Plaskett Defends V.I. Cockfighting

After several past efforts, it looks like cockfighting is now banned throughout the United States, including the territories, as of December 20, but not without opposition both here in the USVI and over in neighboring Puerto Rico.

V.I. Government Issues Additional $16.1 Million in Income Tax Refunds

The Finance Department issued $16.1 million in income tax refunds with disbursements of $9.5 million on December 12, and another $6.6 million on Thursday, according to Government House.

WICO Board Grapples With Planned Termination of Havensight Management

The bulk of a meeting of the Board of Directors of the West Indian Company Thursday was taken up by unresolved issues related to the decision by the Government Employees Retirement System to terminate WICO as manager of Havensight Mall.
Sen. Allison DeGazon introduced the Blue Economy bill. (File photo by Barry Leerdam for the V.I. Legislature)

Senators, Department Heads Want a ‘Blue Economy’

V.I senators and department heads want to move to what they are calling a "Blue Economy," but there are concerns about how it will be organized, funded and what exactly a Blue Economy is.
Chart shows the change in Real GDP for the U.S> Virgin Islands.

USVI’s GDP Grew Slightly in 2018 After 2017 Decline

Real Gross Domestic Product for the U.S. Virgin Islands grew 1.5 percent in 2018 after decreasing 0.6 percent in 2017, according to numbers released Tuesday by the V.I. Bureau of Economic Research.
Sen. Dwayne DeGraff

Tax Amnesty Clears Committee, Moves on to Rules

No one at Tuesday’s hearing of the Senate Finance Committee appeared enthusiastic about another tax amnesty, but senators were willing to offer one more window of 180 days for the tax amnesty.
U.S. Capitol. (NBC News image)

House Passes Spending Bill With V.I. Medicaid Money

Medicaid funding for the USVI appears safe now that the U.S. House of Representatives passed the fiscal year 2020 federal government funding bill including the money. The Senate is expected to pass it and President Donald Trump has indicated he will sign it.

WAPA: Utility Bills Will Jump Without PSC Action on Base Rate

Without the 2.5 cent base rate hike the Public Services Commission denied on Thursday, the V.I. Water and Power Authority will default on its debt to Vitol, cutting off propane and forcing it to revert to oil, which will up the cost of fuel by 20 cents per kilowatt-hour.

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