NewsWhore
10-27-2008, 03:00 PM
Local fuel prices have followed the path of international petroleum prices. Yesterday the Ministry of Industry and Commerce ordered a substantial reduction in the price of gasoline and diesel. A gallon of premium gasoline will now cost ten pesos less, at RD$168.40, and regular gasoline will cost RD$143.70, a RD$12.00 decrease. Regular diesel will now be sold at RD$135.90. Even cooking gas, propane, will go lower at RD$64.34. Since July, prices for premium gasoline have fallen by RD$52 pesos. Last July a gallon of premium gasoline cost RD$207 and a gallon of regular was RD$197. The Ministry of Industry and Commerce sets the price of fuel every week. The prices follow the exchange rate and the price of oil on the international commodity exchanges.
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