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View Full Version : Spike in fuel prices



NewsWhore
05-26-2008, 03:50 PM
The Ministry of Industry and Commerce announced increases ranging from RD$8.00 to RD$8.80 per gallon of gasoline or diesel fuel over the weekend. During the two weeks before the elections, the government put a hold on price increases for local fuels. At the same time, oil prices were spiraling towards the US$135 mark. The new prices now put a gallon of 'premium' gasoline at RD$196.20 a gallon, while regular is at RD$184.10. RD$65 in government taxes is part of the RD$196.20 gallon price. Diesel climbed to RD$164.80, an increase of over RD$8 on the pre-election price. Propane for domestic use remains at RD$59.95, and non-subsidized LPG sells at RD$81.71 a gallon.

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