NewsWhore
02-25-2008, 03:00 PM
The Consumer Rights Foundation wants the Dominican Republic to obey the Hydrocarbon Law (112-00), and thereby adjust the current prices of fuels, which have continued to increase for the third week in a row. The key issue is to index the Dominican price of gasoline to the true cost of the petroleum purchased. According to the foundation, "we know that the fuels we acquire have risen in cost on the international markets, but not so much as West Texas, which does not correspond to the source of the petroleum purchased for the local market, and therefore it is necessary that the authorities apply Law 112-00 correctly". The foundation called for a monthly publication to report on the new prices, and to explain why there might be changes in the price, not just a simple press release.
Of course, this news coincided with the report that gasoline prices have risen for the third week in a row, but the price of propane gas has remained at RD$59.95 for more than a month. Premium rose by RD$3.50, and is now at RD$170.60 per gallon, an all-time high. Regular gasoline increased by RD$3.90 and now costs RD$160.20 per gallon. Diesel fuel also went up and now sells for RD$140.30 a gallon.
More... (http://www.dr1.com/index.html#6)
Of course, this news coincided with the report that gasoline prices have risen for the third week in a row, but the price of propane gas has remained at RD$59.95 for more than a month. Premium rose by RD$3.50, and is now at RD$170.60 per gallon, an all-time high. Regular gasoline increased by RD$3.90 and now costs RD$160.20 per gallon. Diesel fuel also went up and now sells for RD$140.30 a gallon.
More... (http://www.dr1.com/index.html#6)