NewsWhore
09-28-2009, 03:50 PM
The Ministry of Industry and Commerce issued the new fuel prices on Friday. Gasoline prices have gone down by one or two pesos. Regular gasoline went down to RD$139.40, a RD$1 reduction, and premium gasoline was pegged at RD$151.10, RD$2.00 less than the previous week. Both grades of diesel fuel and LPG remained at the same price as the week before: RD$118.10 for regular diesel and RD$68.01 for LPG. Aviation fuel, Avtur, and kerosene went up a little in price, 89 cents for Avtur and 90 cents for kerosene.
The ministry press release says that crude oil and gasoline prices fell slightly on Wednesday, giving more evidence of market saturation and the market still hurting from the worst recession since 1930. The government also reported that reserves of crude and gasoline were way above the expected limits, different from other fuels such as diesel, avtur, kerosene and LPG, which showed only slight increases this past week.
More... (http://www.dr1.com/index.html#7)
The ministry press release says that crude oil and gasoline prices fell slightly on Wednesday, giving more evidence of market saturation and the market still hurting from the worst recession since 1930. The government also reported that reserves of crude and gasoline were way above the expected limits, different from other fuels such as diesel, avtur, kerosene and LPG, which showed only slight increases this past week.
More... (http://www.dr1.com/index.html#7)