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Gasoline price drops again

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The price of gasoline in St Vincent and the Grenadines has gone down for the sixth time in as many months.

Starting from last October when gasoline was $15.28, the monthly reductions now total $4.72, making the price at the pump from yesterday, Monday, March 16, 2015, $10.56.{{more}}

The price of diesel has also been reduced for the third consecutive month. Diesel is now $10.13 per gallon, down from $11.04.

Low sulphur diesel, a new category introduced last month, has also been reduced by 98 cents and will now retail at $10.81.

The price reductions are in line with the Government’s three-month rolling average, which reflects the price paid for fuel on the regional market.

This reduction has also been reflected in the price of LPG (cooking gas) and a reduction in the fuel surcharge for electricity bills.

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