NewsGovernment of Saint Lucia Averts A Major Price Increase on Cooking Gas

St. Lucia News OnlineJuly 4, 20223106842 min

On Monday 11th April, a 20 lbs cylinder of cooking gas was set to rise to $62 until the government stepped in with a subsidy of $22.22. This has been the extent of the impact of rising crude oil prices on the landed price of petroleum products entering Saint Lucia.

Prices of all petroleum products are expected to go up on Monday under the three-week fuel revision period, with gas and diesel up by $1.00 per gallon to $15.95 per gallon. This has been the second $1.00 increase in six weeks, and there appears little hope of a respite.

With those recent increases, bus fares are certain to go up soon, to offset some of the rising costs of gas and diesel, the most significant running cost for mini-bus drivers.

Users of 100lbs cylinders of cooking gas should expect an increase to $308.89. With the government offering a subsidy of $22.22 for 20 lbs cylinders only, it may make sense to switch from 100lbs to 20 lbs cylinders and save $111.10.

All indications are that prices will continue to rise as long as the Russia-Ukraine conflict continues.

St. Lucia News Online

3 comments

  • Mikhail

    April 10, 2022 at 9:37 pm

    Once again proving how under the slp all things are amazing and that a person a party unanimously it saddens me there are still insurgents trying to diminish his creativity and greatness that exumes from him , pjp

    Reply

    • Brighter Days

      April 11, 2022 at 5:31 pm

      Garcon what shate you talking there. The man did nothing but save his hide because the prices went up to 62 the people would have made noise. The real things he has to do he ain’t doing it at all. Like putting a cap on freight charges to keep the amount the importers pay for their items when it’s been cleared by customs which would keep the prices of these items down for everyone who shops.

      Reply

  • g.w

    April 11, 2022 at 4:42 pm

    that right to happen cause its them they wanted, we were making so much progress as a country, all we need was another five or ten years again now they put these fools in power the country has gone backwards every time you change from positive to negative its backwards you heading. but i dont think we should complain because every weekend there is a fete here and there you not hearing them complaining about the prices of the henney and Black and white or the prices of the tickets to go on boat ride but as soon as there is a increase in something else they dyeing but they drinking all their money they never had during covid and then for people to feel sorry for them

    Reply

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