1999News

Foundation says fuel is still cheap in DR

The Economy and Development Foundation, presided by economist Andres Dauhajre, feels that despite the recent increase, fuel prices are still very low in the DR. His Foundation’s weekly commentary page lists prices for different fuel categories in Latin America, showing the many countries that have higher prices than those set in the DR. The prices are in DR peso equivalences (and are as of August 1999). Unleaded premium gasoline: Argentina $55.39 Uruguay $50.71 Bolivia $42.15 Barbados $40.70 Haiti $35.30 Peru $35.20 Suriname $34.08 El Salvador $32.78 Grenada $32.78 DR $32.50 Unleaded regular gasoline: Argentina $45.06 Uruguay $44.41 Haiti $31.98 El Salvador $28.42 Honduras $27.94 DR $27.90 Regular gasoil: Barbados $36.50 Suriname $25.03 Mexico $24.87 Grenada $24.71 Argentina $24.39 Bolivia $23.74 Uruguay $21.48 Haiti $20.03 Costa Rica $20.03 Nicaragua $19.86 Peru $19.22 Jamaica $18.90 Honduras $18.41 El Salvador $18.25 Panama $17.60 Guatemala $16.96 DR $16.95