Effective Monday, September 14, 2015, the Dominican public will enjoy a significant reduction in the price of all petroleum products, Director of Trade, Matthan Walter, has revealed.
The price for gasoline will go by $1.37 and there will be reductions for diesel, kerosene and LPG.
Walter said the reason for the reduction is the drop in gas prices on the world market.
He noted that the reduction will be welcomed by consumers on island.
“Effective Monday September 14th 2015 there will be a reduction across the board in the prices of all petroleum products meaning gasoline, kerosene and diesel and also LPG products,” he said. “For example for gasoline there will be a reduction by $1.37, for diesel by 70 cents and for kerosene by 71 cents.”
Walter continued, “This is simply because of the fact that over the last four weeks we have seen a reduction in the barrel price for oil from $48.88 cents to $43.04. So Dominicans are going to enjoy that decrease in those particular products.”
Reduction in LPG is as follows:
-20-pound cylinder by .30 cents
-27.4-pound cylinder by .40 cents
-30-pound cylinder by .43 cents
-100-pound cylinder by $1.46
Meantime Walter mentioned that Dominicans are going through a very difficult time now in more ways than one, “so any kind of relief that is being proffered must be very well welcomed.”
“We also know that fuel plays a very important part in the lives of all, for cooking, for transportation from one point to the next,” he said.