Fuel Prices In Domincan Republic

vince1956

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May 24, 2006
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Why is the price of diesel 106.60 For regular 137.50 For premium 154.50 per gall posted on Domincan today news when UK petrol and diesel is the same at 99.9 per Litre ???
 
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diego200

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Jan 30, 2006
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in France

in France Diesel is 20% cheaper than petrol, because of lower tax too.

just my 2 cents...
 

Tamborista

hasta la tambora
Apr 4, 2005
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Do you think there is any coincidence that NYMEX Crude closed at $71.95 today?
This is down from a July High of $80.05/BBL.

I do not know how long this will last???
 

J D Sauser

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Nov 20, 2004
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Why oil is down...

Chevron has published the finding of a huge new oil field (around 30'000 Millinon barrels) at 8000 meters under sea level in the Mexican golf. The finding is so huge it boast American (US) reserves by 50% (!!). No such fields have been found since the 70's (I believe). There are technical and economic reasons involved too... Only a few years ago it would have been technically impossilbe to drill and extract oil from such deep location (2000 meters sea water + 6000 meters rockbed). Also the higher oil price and the gains oil companies have made in the last years have made possible investments into new technologies and can keep such an enterprise profitable.

I'm not an oil man... this is what I learned from reading a financial news paper yesterday in Switzerland...

So, I guess Mr. Bush can now safely go ahead and take Iran out... ;)

... J-D.
 

A.Hidalgo

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Apr 28, 2006
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Yea prices continue to drop in the DR. In the states same thing. In New York I have seen a drop of 25 to 35 cents per gallon. Oh wait a minute elections coming up in November. Coincidence hmmm I wonder.:rolleyes:
 

J D Sauser

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Nov 20, 2004
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Driving on french fry oil?

Shows how dependent the DR is to imported oil.
Do I hear alternate sources of energy, anyone.
It is being done even in the States... a conversion kit to let a diesel engine powered vehicle run on recycled deep frying oil can be found in the States for as low as U$D 800.oo (as seen on TV ;)). Then, one would need some filtering system (available) and tanks and a pump... and last but not least some good connections to some Dominican restaurants or o good dozen of Dominican households (they love frying about everything) to get the oil from.
All joking set aside... I think that individuals or small groups could use this as a viable solution.
WE here (dr1-forumites) could consider to organize such a group... have ONE filter and storage and self service outfit together. Members would chip in for the infrastructure and buy their "diesel" from the pump and get discount points for every gallon of used oil they bring inn... (?).
I'd be all for it... at least to look into it.


At some point, the RD may also need to ask itself on what they can make more money consistently... sugar or ethanol. I don't have the answer to this question.

But all this won't resolve the Republic's dependence on imported oil as long fuel burning power plants remain the prevalent mean of producing electricity.


... J-D.
 
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vince1956

On Vacation!
May 24, 2006
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Fuel Prices Up

As of today, the gallon of premium gasoline will be sold for RD$131.50, and regular for RD$118.20, both were raised RD$3.20 per gallon.

Diesel was raised by RD$2.80 placing its price at RD$96.10.

LPG?s price was raised by RD$1.08, thus making the price of subsidized LPG RD$44.37 and that of not subsidized RD$64.24.
 

vince1956

On Vacation!
May 24, 2006
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As of today, the gallon of premium gasoline will be sold for RD$131.50, and regular for RD$118.20, both were raised RD$3.20 per gallon.

Diesel was raised by RD$2.80 placing its price at RD$96.10.

LPG?s price was raised by RD$1.08, thus making the price of subsidized LPG RD$44.37 and that of not subsidized RD$64.24.
All fuel prices drop


SANTO DOMINGO. - The Industry and Commerce Ministry today posted reductions in the price of fuels starting tomorrow, with premium and regular gasolines dropping 2.90 RD$ and 1.60 respectively.

A gallon of premium gasoline will cost RD$ 130.60, and regular goes to 119.80.

Diesel will drop 20 cents to sell for RD$ 96.70; Liquefied Petroleum Gas (LPG) will drop 44 cents, so a gallon of subsidized will sell for RD$ 42.12 and the non- subsidized at RD$64.11.