NewsWhore
11-03-2008, 03:00 PM
Fuel prices have gone down for the fourth week in a row. The government authorized reductions of RD$8 for premium gasoline, RD$7 for regular gasoline, RD$12.40 for regular diesel and RD$12 for premium diesel. Even propane gas went down by RD$0.63 cents. Over the past four weeks, premium gasoline has gone down RD$43.70, regular gasoline has gone down RD$43.60 and regular diesel has gone down RD$35.40. Premium gasoline is now RD$147.30, regular is RD$134.40 and regular diesel is now RD$123.20. Despite the fall in prices, according to a report in Diario Libre, analysts are calculating that prices will continue to fall, perhaps to the level of US$50 per barrel. Demand has fallen by 7% compared to the same period last year.
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