Posted on

Gas at the pump, fuel surcharge prices reduced

Share

Vincentians began paying less for gasoline at the pumps from Monday December 15, 2014, the third reduction over the last three months.{{more}}

Gasoline moved from $14.42 to $13.81 per gallon, a reduction of 61 cents. In October motorists saw a reduction of 40 cents per gallon and in November 46 cents, bringing the total reduction over the three month period to $1.47.

The reductions are in keeping with the Government’s policy of using a three month moving average for the price of fuel and reflect a downward movement in the price of oil on the international market.

VINLEC, the state owned electricity company, has also announced a drop in its fuel surcharge for the month of December. The $40.65 cents per unit is the lowest since March 2011.

LAST NEWS