Petroleum prices in Grenada increase for the fifth consecutive month, as we hear from Selwin Noel, who’s been analyzing a release from the Energy division of the Ministry of Finance as it relates to the latest figures.
The new prices took effect as of yesterday, based on the routine monthly adjustments.
REPORT:
According to the Energy Division, the price of gasoline on mainland Grenada goes up from 15 dollars and 94 cents to 16 dollars and 36 cents per gallon, a margin of 42 cents.
Diesel goes up 37 cents to 14 dollars and 54 cents.
Kersone goes up 51 cents to 8.98 per gallon.
The price per 20-pound cylinder of cooking gas remains stable at 40 dollars for the Rubis product and 37 for the Petro Caribe on the mainland, while the 100-pound cylinder goes up from 205 dollars and 85 cents to 213 dollars and 75 cents, a margin of 7 dollars and 90 cents.
Bulk goes up 5 cents to 2 dollars and 20 cents.
In Carriacou and Petite Martinique, just like on the mainland, the price for the 20-pound cylinder of cooking gas remains unchanged…49 dollars for the Rubis tank and 46 for Petro Caribe.
The 100-pound cylinder however, is increased to 236 dollars and 75 cents, up from 228.85.
Like on mainland Grenada, Bulk will be sold for 2 dollars and 20 cents, up 5 cents from the old price.
In Carriacou gasoline at the pumps will be sold for 16 dollars and 54 cents per gallon, up 42 cents from the old price.
Diesel moves from 14.35 to 14.72 and Kerosene from 8.66 to 9.17.
In Petite Martinique, the price of gasoline also goes up 42 cents to 11 dollars and 4 cents…Diesel from 8.85 a gallon to 9.22 and Kerosene jumps to 9 dollars and 17 cents from 8.66.
The Energy Division says the retail prices are computed based on the average Freight On Board costs…the Ex-refinery prices for the period, 15th June to 12th July, 2021.
Consumers are strongly encouraged to immediately notify the Price Control/Consumer Affairs Unit in the Ministry of Finance, of any instance of over-pricing.
