NewsWhore
11-24-2008, 05:40 PM
The Ministry of Industry and Commerce (SEIC) has ordered a slight reduction in the price of premium and regular gasoline and diesel, LPG, kerosene and aircraft fuel, ranging between RD$0.42 and RD$0.90. These prices will be in effect until next Friday. A gallon of gasoline will now sell for RD$123.70, RD$0.70 lower. Premium gasoline is selling at RD$136.90, a RD$0.90 reduction. The SEIC says that regular diesel will cost RD$118.10, a RD$0.60 reduction and premium grade diesel will be sold for RD$124.70, just RD$0.50 less. For the general public the cost of a gallon of LPG (propane) will be RD$56.20, RD$0.42 less than last week. This is the seventh week in a row that prices have fallen, although the SEIC says that the behavior of the fuel prices is independent of the world oil market prices for West Texas Intermediate.
El Caribe reports that around 40% of the price of gasoline is taxes.
More... (http://www.dr1.com/index.html#5)
El Caribe reports that around 40% of the price of gasoline is taxes.
More... (http://www.dr1.com/index.html#5)