{"id":179573,"date":"2022-05-30T06:03:54","date_gmt":"2022-05-30T10:03:54","guid":{"rendered":"https:\/\/dr1.com\/news\/?p=179573"},"modified":"2022-05-30T08:17:13","modified_gmt":"2022-05-30T12:17:13","slug":"government-continues-to-subsidize-fuel-prices","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2022\/05\/30\/government-continues-to-subsidize-fuel-prices\/","title":{"rendered":"Government continues to subsidize fuel prices"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img src=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2020\/01\/Combustible-Diario-Libre.jpg\" alt=\"\" class=\"wp-image-135149\" width=\"600\" srcset=\"https:\/\/dr1.com\/news\/wp-content\/uploads\/2020\/01\/Combustible-Diario-Libre.jpg 546w, https:\/\/dr1.com\/news\/wp-content\/uploads\/2020\/01\/Combustible-Diario-Libre-300x192.jpg 300w\" sizes=\"(max-width: 546px) 100vw, 546px\" \/><\/figure><\/div>\n\n\n\n<p>The crude oil used as a reference for fuel prices in the Dominican Republic is known as West Texas Intermediate. It is currently above US$110 a barrel. However, it has been a recent policy of the Abinader administration to temper the local fuel price through government subsidies. The government reports having spent over RD$15.7 billion on this program. The government action has prevented Dominican car and motorcycle owners from \u201csticker shock\u201d of well over RD$100.00 in fuel increases.<\/p>\n\n\n\n<p>The recent price hike for the West Texas Intermediate Dominicans would put gasoline prices at US$6.44 a gallon. Nevertheless, the regular gasoline is, instead very close to US$5.00 per gallon.<\/p>\n\n\n\n<p>Read more in Spanish:<br><a href=\"https:\/\/www.elcaribe.com.do\/destacado\/subsidio-acumulado-a-combustibles-llega-a-rd15691-millones\/\">El Caribe<\/a><\/p>\n\n\n\n<p>30 May 2022<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crude oil used as a reference for fuel prices in the Dominican Republic is known as West Texas Intermediate. It is currently above US$110 a barrel. However, it has been a recent policy of the Abinader administration to temper the local fuel price through government subsidies. The government reports having spent over RD$15.7 billion &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2022\/05\/30\/government-continues-to-subsidize-fuel-prices\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[293,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/179573"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=179573"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/179573\/revisions"}],"predecessor-version":[{"id":179654,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/179573\/revisions\/179654"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=179573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=179573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=179573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}