The Public is hereby notified that in keeping with changes in international oil prices and Government’s application of the modified market pass-through petroleum pricing mechanism, the retail price of Gasoline, Diesel and LPG 100 lb cylinder has changed.
The retail price of Kerosene, LPG 20 and 22 lb cylinder remains unchanged. The price change takes effect from Monday, January 9, 2023.
- Gasoline decreased from $3.89 to $3.74 per litre or $17.70 to $17.00 per gallon
- Kerosene remains unchanged at $3.14 per litre or $14.26 per gallon
- Diesel decreased from $3.89 to $3.74 per litre or $17.70 to $17.00 per gallon
- 20 Pound Cylinder (9.07 kg) remains unchanged at $43.27 per cylinder
- 22 Pound Cylinder (9.98 kg) remains unchanged at $47.60 per cylinder
- 100 Pound Cylinder (45.36kg) decreased from $279.68 to $277.30 per cylinder
The 20 lb Cylinder (9.07kg) is being subsidized at $12.19 per cylinder and the 22 lb Cylinder (9.98kg) is being subsidized at $13.41 per cylinder.
The Public is informed that the next adjustment of the retail price of fuel products will be on Monday, January 30, 2023.
SOURCE: Ministry of Commerce, Manufacturing, Business Development, Cooperatives and Consumer Affairs
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The price of crude oil today on the world market is $73, 00. US. If this government was putting people first it would probably put the price of gasolene at less than $16
.00 dollars per gallon. We are ripped off. Our govetnment does not have a conscience. God help us !!!
Mr George just asking, when will St Lucia be receiving that barrel of crude oil priced at $73.US today the 8th January 2023.
Please note I do not wish to speak for the government. Just saying it may take some 3 months before refined oil at this price reach St Lucia.
Years ago a Barrel of Crude oil Reach the Lowest in History and the Price at the Fuel Stations was almost $20 Ec.Dollars .Government Don’t Don’t give a Damm about poor People in St.Lucia .The Ministers Just gain weight everyday
Rude Grenadians are paying about $13.00 EC a gallon. They have been paying less than $13.00 a gallon for several months now. Did they somehow get refined oil faster than we did.
@ Just Saying, your comment is spot on and accurate.
Rude, for your information, on the 26th September it was $75.70, 4th Nov it when up to $91.07 and on the 12th Dec it was $70.86. Nothing close to the $120.00 it was under the former administration who had it at $13.85. Grenada is below $13.00 at the tank. $4.00 difference.
@ Rude: So why is it that the minute crude prices increase, the government ALWAYS initiates a price hike at the pumps for us in the very next adjustment period ? If we go by your logic, then increases should also be reflected in a 3-month timespan, not immediately following a global increase! It’s enablers like you who contribute to all the foolishness happening in this God-forsaken country by towing the line of politicians (both Yellow & Red)!
most of the gov. vehicle can sell the fuel of g/d just check the gov vehicles and that include the police ones. its cheaper just pay 8.00 per gallon cash
It amazes me that there are still people prepared to defend this government in its wrongdoing, but it is good to see that there are also those among us who follow developments in the world and know the facts and one fact is, as mentioned by “He Gas” is that when oil was $120 a barrel on the world market, we paid $13.85 a gallon in St Lucia when the UWP was in power. Now that the price on the world market has dropped to just over $70 a barrel, we are being made to pay $17.70 a gallon under SLP that promised to put people first. You telling me you dont know when you are being screwed by your own government?. Why is Grenada able to keep gas at $13 a gallon?
yeah right, the majority of residents use the 20 & 22 pound. my oh my “for the people”
I don’t know how will this will show the data but:
date, 3 week average price of oil, price per gallon in St. Lucia, price change of oil from previous 3 weeks, price change gas price St. Lucia
We will note a sharp increase in gas prices relative to increase in price of oil but no corresponding decrease when oil prices decrease. Furthermore, when oil was trading at less than $20.00 a barrel in March we were still paying 11.50 a gallon. It is clear the government irrespective of party is in bed with the fuel providers.
9-Jan-23 77.00 17.00 1.39% -3.86%
19-Dec-22 75.94 17.70 -9.67% 0.00%
28-Nov-22 84.07 17.70 -3.39% 0.00%
7-Nov-22 87.02 17.90 2.34% 0.00%
17-Oct-22 85.03 17.90 0.18% 0.00%
26-Sep-22 84.88 17.90 -6.48% -1.52%
6-Sep-22 90.76 17.95 -5.73% 0.00%
15-Aug-22 96.28 17.95 -3.39% 0.00%
25-Jul-22 99.66 17.95 -10.35% 0.00%
5-Jul-22 111.17 17.95 -4.37% 0.00%
13-Jun-22 116.24 17.95 7.62% 12.54%
23-May-22 108.02 15.95 4.52% 0.00%
2-May-22 103.35 15.95 -1.79% 0.00%
12-Apr-22 105.23 15.95 -1.50% 6.69%
21-Mar-22 106.83 14.95 16.28% 7.17%
28-Feb-22 91.87 13.95 5.31% 0.00%
7-Feb-22 87.24 13.95 11.12% 0.00%
Most of the fuel we are consuming in St. Lucia was purchased at a time when oil prices were much lower. Buckeye has enormous storage capacity that takes years to deplete. Just before the Ukraine invasion importers significantly increased their purchases for the local market. They turn around and sell these same volumes at much higher prices and blame the spot market. It is all a con and the government knows.