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Gas prices down 58 cents tomorrow
2012-09-05 17:11:39 | (0 Comments)
After nine straight weeks of increases, there will be a cut in the prices of gasolene.
Over the 9-week period, gasolene prices rose by a total of $11.24.
However, today the Petroeum Corporation of Jamaica (Petrojam) announced a $0.58 cut in the prices.
Petrojam said this is because of a downward movement in the US Gulf Reference prices.
As a result, a litre of E10-87 gasolene will sell for $106.92, while E10-90 will be sold for $108.15 per litre.
However, the prices of all other petroleum products have been increased.
A litre of automotive diesel oil will go up by $0.86 to sell for $108.15.
The price of kerosene will move up by $0.30 with that fuel to sell for $110.15 per litre.
Meanwhile, a litre of propane cooking has been increased by $1.85 and will be sold for $35.41.
Butane will go up by $0.71 to sell for $50.63 per litre.
The changes in the prices of petroleum products will take effect tomorrow.
Retailers will add their mark-ups to the announced prices.
Source: The Gleaner/Power 106 News
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