Currently, due to speculations that the economies around the world are rebounding, the expectation is an increase in demand for oil. In addition, the price of gasoline has increased because of the expected high demand for gasoline in the US market for the summer months. Vice Versa, the price of diesel has shown a slight decline due to the termination of the winter months when diesel is more widely used.
Based on the afore-mentioned, the Executive Council of St. Maarten hereby informs the general public that as per Saturday, April 10, 2010 prices of petroleum products have been adjusted as follows:
New Consumer Price as of April 10, 2010:
Unleaded gasoline (ULG) 203.50 Ang. Cents/Litre
Gasoil 169.00 Ang. Cents/Litre
Current prices are:
ULG 193.00 Ang.Cents/Litre
Gasoil 170.00 Ang.Cent/Litre