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#212055 - 09/23/05 04:03 AM gas prices up
Marty Offline
extract from Min of Finance press release today:

... the following Pump Prices for the mentioned fuels will come into
effect as of September 24, 2005:

Premium Gasoline from $9.45 to $9.84 an increase of $0.39 per US Gallon
Regular Gasoline from $9.16 to $9.53 an increase of $0.37 per US Gallon
Kerosene from $6.14 to $6.25 an increase of $0.11 per US Gallon
Diesel from $7.04 to $7.10 an increase of $0.06 per US Gallon

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#212056 - 09/23/05 04:06 AM Re: gas prices up
SP Daily Offline
These are mainland prices...not including transport costs to the island.

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#212057 - 09/23/05 12:40 PM Re: gas prices up
Katie Valk Offline
Expect $12.00 per gal for gas on the mainland by xmas, more for you guys. Will be interesting to see how many folks turnout for the march organized by Concerned Belizeans tomorrow in Belize City. And how the Unions respond to yesterdays financing decision for the BTL shares. Lots going on.
_________________________
Belize based travel specialist
www.belize-trips.com
info@belize-trips.com

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#212058 - 09/23/05 03:00 PM Re: gas prices up
Mel S Offline
It appears that many of the huge fishing pangas rigged up with tandem outboard motors will be spending alot of time tied up to the docks. My old friend Geraldo Badillo bought a catamaran, "El Gato" years ago. He noticed the ugly trending with the gasoline prices in Belize. best-wishes, ms...
_________________________
Mel Sinderman

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#212059 - 09/23/05 03:18 PM Re: gas prices up
SimonB Offline
Yesterday regular gas was $9.52 at the backside gas station.

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#212060 - 09/24/05 12:10 AM Re: gas prices up
Marty Offline
PRICE OF FUEL GOES UP TOMORROW


A release from the Government Press Office says the acquisition price of the most recent shipment of fuel shows increases for all types of fuel. The release says major causes for the most recent increases are Hurricane Katrina's effect on U.S. refineries and an increase in prices in Asia. The increases are $0.77 for premium gasoline, $0.73 for regular, $0.22 for kerosine, and $0.12 for diesel. The release says Government will absorb half the increase for all fuel products. As of tomorrow the following pump prices will be in effect. Premium gasoline $9.84 per gallon, regular gasoline $9.53, kerosene $6.25, and diesel $7.10.

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#212061 - 09/24/05 05:54 AM Re: gas prices up
Marty Offline
Here is Channel Seven's interviews on the street today today on the
above mentioned subject natter:
Fill up your fuel tanks tonight because at midnight the price of
premium gas is shooting up 39 cents per gallon across the country. In
the city, drivers will be paying $9.84 for premium gas while a gallon
of regular increases 37 cents to $9.53. Diesel jumps 6 cents to $7.10
and kerosene jumps to $6.25. Government says the price increase is
caused by Hurricane Katrina and a release claims GOB is actually
absorbing half of the actual increase in acquisition costs. So how are
drivers taking this latest increase?

Remember when you would never imagine paying these prices for gas?
Well at midnight these prices at the pumps will soar, surging by as
much as 39 cents. Today at gas stations that was shocking news to some
drivers:

Q: Are you prepared for tomorrow's gas price increase?
Driver #1: I didn't know there was going to be one.
Q: The regular you are buying will go up from $9.16 to $9.53.
Driver #1: I'm sorry, I didn't know.
Q: 37 cents.
Driver #1: Yeah that's a lot.

Q: You're filling up because gas is going up?
Driver #2: I didn't even know gas was going up.
Q: Your gas will be $9.84 tomorrow.
Driver #2: Oh my God well I didn't know.

And then there were those who knew of the increase but were in disbelief.

Driver #3: I am an American and I've just been here a week so like I
was paying four and five dollars a gallon so when I got here and had
to pay $8 I really took it hard.

Driver #4: We Belizeans are feeling because we are paying taxi
drivers, the business people are feeling. Everything is going up and
our pay isn't going up and we are still working under a minimum wage
so what should we do? A revolution has to start in Belize.

Driver #5: No way I'm not prepared my brother. I can only buy $10 worth.

Patrick Faber: I think the government needs to take down the taxes on
the gasoline. We understand the world market prices are going up but
if the government lower the taxes and give people a break, I think
that that would be a good sign that they are acting in good faith and
trying to help the people out here.

But the prevailing sentiment among drivers filling up at gas stations
today was resignation to the fact that they had no choice but to dig
deeper into their pockets to fill their tanks.

Driver #6: We can't do better, we have to buy it. We just have to
economize and not spend over, try not to buy what we don't need.
Q: Are you filling up today to save when the price raises tomorrow?
Driver #6: Exactly that is why I am trying to do: economize and get my
money's worth.

Driver #7: I am not tripping about it man, I have to jump around any which way.
Q: Can you afford it?
Driver #7: Not really but I'll try a 'lil thing.

Driver #3: I have to because I have to drive so I have to. What else
will I do, come fight them? I can't do that.

Driver #8: Everything going up and thing so their going to have to
raise your pay and thing because everything going up so you just have
to work with it.

Driver #9: Will that make much more difference you think?
Q: You tell me because you are a driver. Will 39 cents more make a difference?
Driver #9: It makes a lot of difference in the job I do because I am a
fisherman and when you go out there to get your lobster and fish, when
you come in you can hardly pay your gas bill.
Q: And 39 cents more…
Driver #9: Makes it worse. I am just waiting to see what the Belize
production will be.

But to drivers it's serious business because with these prices Spanish
Lookout may be the only relief in sight.

In Toledo the price has broken the ten dollar barrier as it is $10.04
for the gallon in that district. The last price increase was on
September 2nd. And as always for some perspective, we have to remind
you that at the start of the year a gallon of premium gas was $8.33.

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