2007News

Historic new highs for fuels

For the sixteenth time in eighteen weeks, fuel prices have climbed. This time they reached levels never seen in the Dominican Republic. Regular gasoline went up by RD$2.40 a gallon, and premium gasoline went up even more, RD$2.70 per gallon, reaching RD$160.80. Diesel fuel, the fuel that moves most cargo and merchandise, and home and company power generators, throughout the country hit a new high, pegged at RD$107.60, a RD$2.30 increase over last week. The housewife and the “publico” drivers were also caught up in the increases as LPG (propane) went up RD$0.67, reaching RD$50.38 – even with the government subsidy.