Petroleum prices to increase tomorrow

Barbadians will be paying more for gasoline, diesel and kerosene from midnight tonight.

The price of gasoline will move from $2.78 per litre to $2.98 per litre, an increase of 20 cents per litre. The price of diesel will rise by two cents from $2.15 to $2.17, and kerosene will now retail at $1.13, up from $1.04.Liquid petroleum gas (LPG) prices will also be adjusted from midnight, Sunday.

Liquid petroleum gas (LPG) prices will also be adjusted.

The price of the 100 lb cylinder will move from $129.28 to $147.04; the 25 lb cylinder will now retail at $41.86, up from $37.42; the 22 lb cylinder will cost $37, up from $33.10; and the 20 lb cylinder will move from $30.09 to $33.64.

The changes in price represent increases of $17.76, $4.44, $3.90 and $3.55 respectively.

A government-issued statement said the adjustments in retail prices are due solely to changes in the CIF (cost, insurance, freight) of these refined products.

43 Responses to Petroleum prices to increase tomorrow

  1. Bryan Mayers
    Bryan Mayers February 5, 2017 at 7:06 pm

    Sick of this!

    Reply
  2. Brathwaite-Haynes Joycelyn
    Brathwaite-Haynes Joycelyn February 5, 2017 at 7:12 pm

    Folly, all the time so.

    Reply
    • Gearbox February 6, 2017 at 11:45 am

      I’m with you…this is really sickening. It always increases by far more than it decreases, so the net effect over time is always more money out your pocket. Did the import cost of petroleum products really rise to justify this increase, or is this the gov’t’s way of raking revenue to help bring down the deficit? Why not just raise taxes on the wealthy and super-wealthy rather than hitting everybody who has to drive a vehicle? Many of us must drive because our jobs demand that we have a car…plus public transport is very unreliable for those who live in the country areas.

      Reply
  3. Nicole Jordan
    Nicole Jordan February 5, 2017 at 7:13 pm

    every s…. gine up and not yuh money

    Reply
  4. Peter February 5, 2017 at 7:24 pm

    Isn’t this another form of devaluation? Cost increases. The entire Barbadian populace will be affected in one way or another. Electricity charges for sure resulting in higher supermarket prices. Food prices too Figure it out.

    Reply
    • Richard Johnston February 6, 2017 at 8:28 am

      The cost of crude is in US dollars, to which the Barbados dollar is pegged, so the increase is not a devaluation, it is due simply to the higher price of crude. If you think this increase is big, just wait till devaluation.

      Reply
      • Peter February 6, 2017 at 9:20 am

        You have just confirmed that you are a British idiot. Aren’t now paying MORE for the SAME amount of fuel? it’s an internal form of devaluation. I do not wish to use this forum to pick an argument with you. You’re too silly. I stay at my dad’s residence in St. John’s Wood London. I know how to get hold of you. I’d ;ike to hook up for a brew or two next time I’m in town.

        Reply
        • Richard Johnston February 6, 2017 at 9:44 am

          It’s called inflation when prices go up because of increased costs. It’s not the same as devaluation.

          Reply
          • Peter February 6, 2017 at 11:41 am

            That’s called diplomacy. The height of diplomacy is to tell someone to go to hell in such a way that they actually look forward to taking the trip. Man Richard some smart people disguise as clowns Who carried up the price. Prove to me that those prices went up. America’s large scale fracking and coal mining has forced large oil producing nations to drop oil prices. With EXXON soon to start drilling off Guyana. Shipping into the US will be faster and cheaper and Industries will once again boom in North America. England – BREXIT. All those wealthy UK investors are buying offshore left right and center to save their exchange value. I am involved with Global Clearing. I know about the movements of funds.

          • Richard Johnston February 6, 2017 at 12:13 pm

            Since November the price of crude has risen about US$.045 a liter, or BB$.09. That doesn’t take into account the cost of refining and transportation, so a 20₵/liter increase in the cost of petrol seems about on target.

        • Richard Johnston February 6, 2017 at 7:16 pm

          The price of crude is about US$.045/liter more than 2 months ago, BB$.09. That does not include refining or transportation. That just about equates into a 20₵/liter increase in the cost of gasoline.

          Reply
  5. Santini More
    Santini More February 5, 2017 at 7:28 pm

    No wonder the DLP politicians demanded their 10% money back. They know how the cost of living is sky rocketing and they are not prepared to share the economic pain that the rest of us tax paying Bajans have no choice but to suffer.

    Reply
  6. Samantha Trotman
    Samantha Trotman February 5, 2017 at 7:37 pm

    Them ain’t tired barbados have the most expensive gas

    Reply
  7. Jennifer February 5, 2017 at 7:44 pm

    I hope when these food prices etc goes up that they equally come down when the fuel price drops. These merchants keep the prices on and continue their financial onslaught. Well I intend to buy only the essentials. And I have plenty of food sources in the country side.

    Reply
  8. M.m. Cumberbatch
    M.m. Cumberbatch February 5, 2017 at 7:56 pm

    Christ that is a hike in gas. 20cent. Lort have mercy. Meanwhile http://www.oil-price.net/

    Reply
  9. Adrian Reid
    Adrian Reid February 5, 2017 at 8:34 pm

    Park the cars for the week ,take a bus

    Reply
    • Ione Mitchell
      Ione Mitchell February 6, 2017 at 12:19 am

      If you can get one.

      Reply
    • Prince Trémaine
      Prince Trémaine February 6, 2017 at 5:36 am

      I’d love to. But the buses aren’t reliable and you waste so much of your time waiting for one.

      Reply
    • Adrian Reid
      Adrian Reid February 6, 2017 at 7:59 am

      Well keep quiet and continue to get rob at the gas pumps…

      Reply
    • Peter February 6, 2017 at 11:46 am

      Adrian, that will Never happen. Not when one owns and perhaps owes for a Mercedes Benz or Audi or BMW. And on top of that Bajans are show offs. Champaign taste and Sugar water pockets. they adopt a “Don’t you know who I am attitude.”

      Reply
  10. Milli Watt February 5, 2017 at 9:29 pm

    wonder if it could hit 4.00 this year…..hmmmmm carry the 4 add the 9 divide by 20 second derivitive ahhhhhhhhh yes BALANCED BUDGET.

    Reply
  11. Joan Brome
    Joan Brome February 5, 2017 at 10:53 pm

    Stuppsee

    Reply
  12. Francis McClean
    Francis McClean February 5, 2017 at 11:15 pm

    Damn

    Reply
  13. Asiba Buffalo
    Asiba Buffalo February 6, 2017 at 1:48 am

    Somehow my instincts told me that s change was coming. I just felt it

    Reply
  14. Cranberry Cox
    Cranberry Cox February 6, 2017 at 1:54 am

    Stupes

    Reply
  15. Daniel Zimmerli
    Daniel Zimmerli February 6, 2017 at 4:23 am

    Send DLP to the Moon…… the full there pockets for long enough. GET THEM OUT FAST A BUNCH OF CRIMINALS

    Reply
    • hcalndre February 6, 2017 at 12:50 pm

      Daniel Zimmerli, did you hear the reason why the politians need that 10% return? They say that they takes care of lots of people out of their pockets, I heard someone on radio whom I though highly of supporting the scam that they need the money to give to the people who begs them, no work so they will be at their mercies, that`s it.

      Reply
  16. John Herbert
    John Herbert February 6, 2017 at 6:13 am

    Remember when the price of oil was around $27 USD per barrel a year or so ago? It is now around $53 USD per barrel.

    Reply
    • harry turnover February 6, 2017 at 7:09 am

      Remember when the price was falling and we were increasing.? you preferred to remain SILENT on that one ….RIGHT ???

      Reply
      • Peter February 6, 2017 at 11:50 am

        Harry turnover, tell that to that human rights activist Richard Johnston. He’s a clown in disguise.

        Reply
  17. Juanita Blanco
    Juanita Blanco February 6, 2017 at 6:56 am

    I am beginning to think that this government realise this dollar is going to be devalued and they are doing everything possible to piss us off so we try to push them out before their time is up so that they can be out before the collapse happens. Nobody ain so boldface to treat the public with such disdain. This has to be their intention because I just cannot rationalize their behaviour. All how I try, I cannot.

    Reply
  18. harry turnover February 6, 2017 at 7:02 am

    Barbados Today in future should state what the price was before it was $2.78…bet it was less than$2.98 which would suggest as I have been saying ALL ALONG that the price has been INCREASING EVERY TWO MONTHS.

    Reply
  19. Saga Boy February 6, 2017 at 7:55 am

    In June 2016 the retail price of gasoline moved from BDS$2.79 per litre to BDS$2.85, an increase of six cents per litre.

    In April 2015 the retail price of gasoline moved up from $2.85 per litre to $3.02 per litre, while the price of diesel orose from $2.12 per litre to $2.30 per litre. The new price of kerosene was $1.21 per litre, down from $1.22 per litre.

    We are therefore paying less for gasoline now than we were in April 2015. Some of you should do your research before you response based on your dislike for the DLP.

    Reply
    • hcalndre February 6, 2017 at 9:03 am

      @Saga Boy, instead of blaming the persons that you say dislike the DLP., are they running the show? You said the price of gasoline is less than in 2015, what about the gas cylinders that most people in the rural areas uses, you have not mention. Are you an apologist for the party? You would only acknowledge something is dead when rigor mortis steps in.

      Reply
  20. Philip Matthews
    Philip Matthews February 6, 2017 at 8:17 am

    all taxes

    Reply
  21. Richard Johnston February 6, 2017 at 8:30 am

    Why do you need to pay government bureaucrats to determine the price of fuel when the market does it for you for free?

    Reply
  22. Jennifer February 6, 2017 at 12:23 pm

    Today RADIATION level = 10 (Very HIGH)
    All this interest in the price hike of fuel which the oppressors and money grubbers have set up. Hahahahahaha we better start looking at the backlash we will ultimately get from the earth. The earth is feminine. What happens when you take a woman’s oil? All you with that arthritic knee or neck = bone rubbing over bone (ouch) no lubricant. Think about the tectonic plates and the earth’s core for starters. oh dear!!!!!!!! The price is a microcosm of the bigger picture.
    @Adrian – good thought. WE will all soon be burning wood and walking, i suppose. The plantation owners will grease all those old cart wheels too. Blame the devil. (deceiver)

    Reply
  23. Barker Antony
    Barker Antony February 6, 2017 at 12:59 pm

    Wanna think the other side going save ya, welcome to the new normal!!!!

    Reply
    • Juanita Blanco
      Juanita Blanco February 6, 2017 at 3:47 pm

      Wunna always wid this reverse psychology bs about the other side, the other side. NOBODY and I mean NOBODY cahn do worse than this present administration. Not even a monkey. I would take ANYBODY before these set ever again!

      Reply
    • Macmood Tata
      Macmood Tata February 6, 2017 at 6:43 pm

      D bees have ALWAYS saved us d record is there

      Reply
  24. Jennifer February 6, 2017 at 3:46 pm

    All you who love to eat salmon and crab etc. Watch it – the west coast of the USA laden with radiation from melted rods from the Fukushima plant. And spreading, 2-10 sieberts of pollution is cancer for sure. Forget about these Pharaohs we will need a lot more help. Same circus different animals.

    Reply
  25. Saga Boy February 6, 2017 at 9:18 pm

    @hcalndre Why dont you do your research before running your mouth? We are paying less in 2017 than in 2015.

    2015: The new retail price of the 100 lbs. cylinder will be $157.72, down from $173.55. The 25 lbs. cylinder will now retail at $44.53, down from $48.49 and the 22 lbs. cylinder, which formerly sold for $42.83 is now priced at $39.35. The 20 lbs. cylinder’s new price is $35.77, reduced from $38.94.

    2017: The price of the 100 lb cylinder will move from $129.28 to $147.04; the 25 lb cylinder will now retail at $41.86, up from $37.42; the 22 lb cylinder will cost $37, up from $33.10; and the 20 lb cylinder will move from $30.09 to $33.64.

    Reply
  26. Saga Boy February 6, 2017 at 9:34 pm

    @Juanita Blanco think befire you talk nonsense. You are now paying less for these items than you did 2 years ago. Is this not what a caring govt would do?

    Reply

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