Gas Prices To Hit New High

gas_prices_to_hit_new_high.jpg /

For the third consecutive week motorists have been hit with news of a sharp increase in prices at the pumps.   A total of $4.50 will be added to a litre of 87 and 90 gasoline on Thursday.   This means that gas prices have gone up by $13.50 since April 29 and more than $40 since the start of 2022.   This is the highest ex-refinery cost of fuel since at least 2004.   Petrojam has announced that $0.25 will be shaved off the price for diesel, ultra low sulphur diesel and kerosene.   It will cost $1.94 less for propane while butane will decline by $2.64.