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NewsWhore
03-19-2007, 05:50 PM
Despite lower oil prices on the world markets, the local price of a gallon of fuel or cooking gas has increased for the seventh week in a row. A barrel of oil cost US$2.94 less this week, but the price of a gallon of regular gasoline climbed RD$0.60 and a gallon of premium rose by RD$1.40. Diesel prices fell slightly, but propane gas (LPG) went up by RD$0.59 a gallon. With the latest increases, gasoline, both premium and regular, has increased by as much as RD$15.80 over the last seven weeks. Apparently, the government has been gradually adding to the price of fuel the increases approved as part of the January 2007 fiscal reform.

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