The prices of some fuel products will increase, while the prices of liquid petroleum gas will decrease.
Despite the reductions in liquid petroleum the Government of Saint Lucia continues to subsidize the 20lb and 22lb cylinders, respectively.
Below is a schedule of the retail prices for these products:
|Fuel Product||Existing Price||New Price||Change|
|Unleaded Gasoline||$13.33 per gallon$2.93 per litre||$13.50 per gallon$2.97 per litre||Increase by $0.17Increase by $0.04|
|Diesel||$11.09 per gallon$2.44 per litre||$11.53 per gallon$2.54 per litre||Increase by $0.44Increase by $0.10|
|Kerosene||$8.27 per gallon$1.82 per litre||$8.27 per gallon$1.82 per litre||Unchanged|
|Liquid Petroleum Gas:|
|20 Pound||$28.71 per cylinder||$27.15 per cylinder||Decrease by $1.56|
|22 Pound||$31.86 per cylinder||$30.14 per cylinder||Decrease by $1.72|
|100 Pound||$205.55 per cylinder||$197.74 per cylinder||Decrease by $7.81|
|Bulk||$1.93 per pound$4.27 per litre||$1.85 per pound$4.09 per litre||Decrease by $0.08Decrease by $0.18|
While prices on the international crude oil market have been trending downwards in recent days, increases were recorded in the landed cost of gasoline and diesel in the domestic market during the reference period, that is, June 8 to June 28, 2015. However, based on information provided by the importers, lower fuel prices are anticipated for the next price adjustment, August 17, 2015.