Fuel Prices Reduced For Sixth Time This Year

December 15, 2008

From:thedominican.net |Thompson Fontaine|

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Government has again reduced the price of petroleum products to consumers; the sixth for the year. Effective Friday, December 12, 2008, Dominican consumers were paying less to fill their gas tanks. Motorists are now paying $9.09 for a gallon of gasoline, down by 96 cents; $10.04 for diesel and $8.83 for kerosene.

The total reductions since June 20, 2008, now stand at $6.60 per gallon, $5.93 per gallon and $6.04 per gallon on gasoline, diesel and kerosene respectively.

Government has also announced a reduction in the price of liquefied petroleum gas commonly referred to as “cooking gas.” As of today Monday December 15, 2008, consumers are paying $128.19 per 100 lb cylinder, $39.46 per 30 lb cylinder, $36.25 per 27.5 lb cylinder and $26.64 per 20 lb cylinder. This is the lowest that prices have reached since the implementation of the new LPG pricing and taxation formula on October 10, 2005.