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Gas, diesel and kerosene prices rise, LPG drops


Barbadians will pay more for gasoline, diesel and kerosene, and less for liquefied petroleum gas (LPG) from midnight, Sunday.

The retail price of gasoline will move from BDS$2.79 per litre to BDS$2.85, an increase of six cents per litre.

The price of diesel will rise from BDS$1.88 per litre to BDS$1.99, an increase of 11 cents.

Kerosene will now retail at 92 cents per litre, an increase of eight cents.

Meanwhile, liquefied petroleum gas (LPG) will retail at BDS$140.31 per 100 lb cylinder, down from BDS$152.99, a decrease of $12.68. The price of the 25 lb cylinder has dropped from $43.35 to $40.18, a decrease of $3.17 cents, while the 22 lb cylinder will now cost $35.52, down from $38.31, which is $2.79 less. The new price of a 20 lb cylinder is $32.29, which is $2.54 cents cheaper.

“These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products., “ the Division of Energy said in a statement issued by the Government Information Service.

6 Responses to Gas, diesel and kerosene prices rise, LPG drops

  1. chris hill June 6, 2016 at 8:00 am

    keep it up boys, only 16 months to go. facts are freight has gone down, and the cost of the fuel has gone down, so the government thinks we dont have the ability to check the pricing for ourselves. there is just no end to the DLP greed machine.

    • Joseph Harding June 6, 2016 at 9:48 am

      Who informed you that the cost of fuel has gone down and from what price has it fallen from and to. As far as is available the price of oil on the world market is almost doubled what it was at it’s lowest a few months ago.

    • Leroy June 6, 2016 at 11:19 am

      Ammm, the price of fuel at the pump has nothing really to do with the cost of intl oil and transport etc,,Chris Hill read this and never forget it and you will never make the argument you are making now,

      The reason why fuel here is regulated so heavily and we dont see true put through values for fuel is because Government has decided that it generates X amount of revenue from fuel and is not willing to take any less so the price with go up and down to fulfill there tax take, so if oil on intl market goes to .1 cents a barrel we will still be paying very close to what we are paying now, just a little less.

      • Joseph Harding June 6, 2016 at 11:46 am

        So if for argument sake oil is 1cent per barrel as you say, barbadians will still be paying approx & $2.80 per litre for gas just because government taxes are included?
        Do you happen to know what percentage of the price at the pump is government tax?
        Somehow I do not think your argument is correct and I kindly wish to differ.

        • Leroy June 6, 2016 at 4:09 pm

          I do not know the tax rate but whatever it is its to maintain revenue.
          Jan 2015, Government issued a statement saying it has installed a new system where by the price at pump would more accurately reflect intl price and other factors in a more timely fashion which they have done but its more paint on an old house to be honest.

          You need to understand that it wouldnt be wise for the government to allow the price at the pump to be tied exclusively to the fluctuations on intl price and float accordingly as the example of .1 cents a barrel will severely hamper government revenue stream.

          Just over month ago government was reporting a 300 mil savings on fuel import bill,, but what im saying is that if you consider 300 mil in savings, imagine that being passed onto consumer and what do you all think the price at the pump would be? considerably less than $2.85.

          You have to call the below gov agency to get more info,
          Ministry of Commerce and Trade or the Division of Energy.

  2. Ivana Cardinale June 6, 2016 at 9:10 am

    We wonder if Govt knows about maths, or… if they think that WE DON’T KNOW NOTHING ABOUT MATHS!!!!


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