Petroleum product prices drop further

Petroleum product prices drop further

Consumers in Saint Lucia will be paying less for both gasoline and diesel as of Monday, March 14, 2016. This reduction is reflective of the CIF prices of products imported by the suppliers of petroleum products during the review period.

Gasoline will be sold for $0.43 less, at $9.25 per gallon. Diesel will be sold for $0.28 less, at $8.45 per gallon. The retail price of kerosene and liquid petroleum gas (LPG) – 100lb, 22lb and 20lb cylinders – remain unchanged.

Below is a schedule of the retail prices for petroleum products:

Petroleum Product Existing Price New Price Change
Unleaded Gasoline $9.68 per gallon

$2.13 per Litre

$9.25 per gallon

$2.03 per Litre

Decrease by $0.43

Decrease by $0.09

Diesel $8.72 per gallon

$1.92 per Litre

$8.45 per gallon

$1.86 per Litre

Decrease by $0.28

Decrease by $0.06

Kerosene $5.40 per gallon

$1.19 per Litre

$5.40 per gallon

$1.19 per Litre

Unchanged
LPG:
20 Pound $22.73 per cylinder $22.73 per cylinder Unchanged
22 Pound $25.28 per cylinder $25.28 per cylinder Unchanged
100 Pound $153.54 per cylinder $153.54 per cylinder Unchanged
Bulk $1.41 per pound

$3.10 per kilogram

$1.41 per pound

$3.10 per kilogram

Unchanged

The Government of Saint Lucia continues to subsidize the 20lb and 22lb LPG cylinders at a cost of $7.98 and $8.50 per cylinder, respectively.

The next price adjustments will be made on April 4, 2016.

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5 Comments

  1. Anonymous
    March 14, 2016 at 1:45 pm Reply

    Petroleum prices keep coming down. That’s excellent for our economy. But it begs the question. ….. Why are food prices at the supermarket not coming down as well? Can anyone provide a reasonable explanation?

  2. Delores
    May 6, 2016 at 1:24 pm Reply

    Robert, YES, exactly! I’ve had that exrineepce, too. It’s especially true about delayed luggage through Mexico City when travelers choose a bargain fare that involves several different air carriers. On my trip to Oaxaca last March, I took American to JFK, then AeroMexico from JFK to Mexico City and then on to Oaxaca. Bags were delayed 36 hours. On the return, I was routed from Mexico City to Chicago on United and then on to RDU. Bags delayed 64 hours. Sure, they delivered to my home in rural NC, but it only happens with those funky connections in the giant hubs of Chicago and JFK.

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