2005News

Lower fuel prices expected

Minister of Industry and Commerce Francisco Javier Castillo announced that prices of premium and regular gasoline would decrease by over RD$5 per gallon at midnight. The price of diesel could drop by almost RD$1 per gallon and propane gas may rise by several cents. Diario Libre reports that this decrease in fuel prices is justified by the reductions in the cost of petroleum derivates during the first three days of the week, although the price of crude oil increased to over US$67 per barrel. He called on the population to save fuel due to the international forecast that petroleum will continue to increase in price, while the DR does not produce any.