2011News

Rains increase hydroelectric production

Tropical Storm Emily’s consistent rains that drenched the country last week have positively impacted energy production at the country’s hydro-electric generating plants, now reaching 320 megawatts. This, in turn, contributed to lowering the operational costs of the system and maintaining stability within the national electricity system according to the administrator of the Dominican Hydro-Electric Company …
2011News

Oil prices plunge again

Dominicans are curious whether the Fernandez administration will drop fuel prices now that international prices of oil are dropping. Traditionally, fuel prices have gone when international prices have increased, despite local purchases being made from Venezuela, which has another price structure. Newspapers report the price of oil has plunged further and is now at US$81.31, …
2011News

Queen of Netherlands backs statement by Fernandez

The Fernandez Presidency reports that Queen Beatrix of the Netherlands has echoed the concerns that President Leonel Fernandez has expressed in international forums on the increases in commodities and food products on international markets. The Presidency reports that the secretary general of the Minister of Foreign Affairs of the Netherlands E. Kronenburg sent a letter …