One thing you must grant Prime Minister Philip Davis — aka “Secret Squirrel” — is that the man can keep a secret. In fact, he kept such a magnificent one that it took him four and a half years to drop what he clearly considers a “bombshell.” Only now, with an election horizon looming, does the Prime Minister suddenly remember that fuel hedging exists.
It appears that what we were told was “New Day” governance was, in reality, a masterclass in benign neglect. The Davis administration cancelled — or simply allowed to quietly expire — the fuel hedging program left in place by the Free National Movement (FNM), only to now suggest that it wasn’t cancelled out of incompetence, but because it was supposedly “not done correctly.” How convenient that this revelation arrives years after Bahamians were left to sweat under sky-high electricity bills.
Let us not forget the great missing memo saga. At the time, there was talk of a letter from then-BPL Minister Alfred Sears to the Office of the Prime Minister regarding the hedge. The OPM, of course, claimed amnesia — “never received it.” A classic case of political selective hearing.
Meanwhile, ordinary Bahamians were forced to endure painfully higher electricity rates, even as the New Day PLP tried to gaslight the country into believing that what they were seeing on their BPL bills was just a collective hallucination.
Now — suddenly — the same government that scrapped the hedge is racing back to embrace fuel hedging as if it were a brand-new, revolutionary idea. They even claim they have already implemented it. Forgive me, but am I the only one seeing the contradiction here?

In the House of Assembly, we were treated to yet another theatrical exchange between Prime Minister Davis and Opposition Leader Michael Pintard over the BPL fuel hedge — so heated that Deputy Speaker Sylvanus Petty had to play referee. Davis boldly declared that the FNM “did not do it correctly,” as if that absolves him of four and a half years of inaction.
He waxed poetic about hedging being a responsible tool — when aligned with infrastructure, of course — conveniently ignoring the fact that if the previous system was flawed, his government had more than enough time to fix it instead of letting it lapse.
Then there is the ever-mysterious question of what fuel was actually covered under the FNM’s hedge. The Prime Minister refuses to lay the relevant documents on the table in Parliament, leaving everyone to wonder: Was only one type of fuel covered? And if so, why didn’t the “New Day” government correct that immediately instead of doing nothing?
The entire saga feels like a classic PLP playbook: create or worsen a crisis, then ride in on a “Golden Wave” pretending to be the saviour. Much like their theatrics over shanty town demolitions — opposing them in opposition, only to rush in and complete them once in office under the very same legal framework they once condemned.
In short: cancel a hedge, blame the last government, let Bahamians pay more, and years later repackage the same idea as if it were divine inspiration. Truly, a masterclass in political spin.
This is simply surreal.
The Progressive Liberal Party (PLP) fails for one reason; it is their nature.
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