![\"\"](\"https:\/\/dominicanewsonline.com\/news\/wp-content\/uploads\/2023\/12\/Reduction-in-petroleum-prices-1-642x401.jpg\")
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The Government of Dominica has approved a reduction in the prices of petroleum products after a review of prices for the regulatory cycle November 27-December 15.<\/p>\n
Effective December 27, 2023, the new retail price for gasoline is $13.91 per gallon, a reduction of $0.34 or 2.4%. The price of diesel has been reduced to $13.41 per gallon by $0.89 or 6.2% and kerosene to $11.32 per gallon, a reduction of $1.41 or 11%.<\/p>\n
The decrease in commodity prices is based on an increase in US crude production which has resulted in a surge in inventory available on the market. The Government of Dominica will continue to implement measures to mitigate inflation and cushion the impact of adverse market forces on consumers.<\/p>\n","protected":false},"excerpt":{"rendered":"The Government of Dominica has approved a reduction in the prices of petroleum products after a review of prices for the regulatory cycle November 27-December 15. Effective December 27, 2023, the new retail price for gasoline is $13.91 per gallon,…","protected":false},"author":13,"featured_media":314350,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[279,22,286,77,235,9],"tags":[],"class_list":["post-314345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-environment","category-governance","category-homepage","category-homepage-carousel","category-news"],"acf":[],"yoast_head":"\n