THE GOVERNMENT OF ST LUCIA is refuting claims they are “making about EC $6.80 on every gallon of gas”.
In a release, Government pointed out that the Excise Tax would remain at $2.50 per gallon.
It stated despite the current economic conditions and increased pressure to reduce expenditure, Government would continue to maintain the subsidies of $14.26 per 20-pound cylinder of liquid petroleum gas (LPG) and $15.30 per 22-pound cylinder of LPG during this cycle.
From yesterday, consumers in Saint Lucia began paying less for gasoline, diesel, kerosene and the various types of LPG.
The price of gasoline declined from EC $15.85 per gallon to $13.64 and diesel from $15.14 to $13.21 a gallon.
Consumers will now save $4.04 on a 20-pound tank of LPG and $4.43 on a tank of 22-pound LPG (cooking gas). The price of 100-pound LPG cylinders will be reduced by $20.17, from $255.94 to $235.77.
The new retail prices for these products are summarised as follows:
Petroleum Products
Old Retail Price
New Retail Price
Change
Gasoline
$3.49 per litre or
$3.00 per litre or
Decline of $0.49 per litre
$15.85 per gallon
$13.64 per gallon
Decline of $2.21 per gallon
Diesel
$ 3.33per litre or
$2.90 per litre or
Decline of $0.43 per litre
$15.14 per gallon
$13.21per gallon
Decline of $1.93 per gallon
Kerosene
$2.52per litre or
$2.22 per litre or
Decline of $0.30 per litre
$11.44per gallon
$10.11per gallon
Decline of $1.33 per gallon
100-lb LPG
$255.94 per cylinder
$235.77per cylinder
Decline of $20.17 per cylinder
Bulk LPG
$5.47 per kilogram
$5.02 per kilogram
Decline of $0.45 per kilogram
$2.48 per pound
$2.28 per pound
Decline of $0.20 per pound
The next fuel price adjustment is due on April 5, 2015 and will be determined by the landed cost of these products over the review period. (PR/SAT)
