A document prepared by the Dominican Refinery shows that the different types of gasoline are overpriced. As the report shows, if the price of a barrel of oil is US$66.13, the price of gasoline should be RD$106.30. And, if you take as a point of reference the refinery’s calculations, the price of a large cylinder of propane cooking gas would be the same price if oil were selling at US$90 a barrel. As reported in Listin Diario, the price of a gallon of premium gasoline is overpriced by RD$23.40 and a gallon of regular gasoline is overpriced by RD$18.60. The difference between the price calculated by the refinery and the prices fixed by the Ministry of Industry and Commerce shows a variation of 20.2% on premium and 17.4% on regular. Normal diesel fuel was calculated to be 13.9% overpriced. The REFIDOMSA document shows that a barrel of oil at US$66.13 would produce regular gasoline at RD$106.30 and not the RD$124.90 fixed by the ministry. The different scenarios contemplated in the report obtained by the newspaper include the prices of gasoline if the barrel of oil were to reach US$100 (RD$160.74 for regular). Each gallon of premium gasoline pays RD$38.44 in state taxes, 27.6% of the total cost.<\/p>\n","protected":false},"excerpt":{"rendered":"
A document prepared by the Dominican Refinery shows that the different types of gasoline are overpriced. As the report shows, if the price of a barrel of oil is US$66.13, the price of gasoline should be RD$106.30. And, if you take as a point of reference the refinery’s calculations, the price of a large cylinder … <\/p>\n