Portofino Resort- Now with a new BEACH BAR!!
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#281329 - 05/23/08 05:09 PM Gas Prices
mountain Larry Offline
What are the gas prices running in Belize now? It isn't much fun buying it in the states right now.

#281332 - 05/23/08 05:19 PM Re: Gas Prices [Re: mountain Larry]
SimonB Offline

#281342 - 05/23/08 05:42 PM Re: Gas Prices [Re: SimonB]
mountain Larry Offline
Wow, that's amazing. The first time I bought gas in Belize was 2001 and the price was around $5.00 while in the states at that time it was still under $2.00. Since then it has more than doubled here while only going up 30 cents there!!?!

#281347 - 05/23/08 05:56 PM Re: Gas Prices [Re: mountain Larry]
SimonB Offline
Just did a search of old posts, BZ gas (premium) was listed as $3.48US in March of 2003.

#281354 - 05/23/08 06:35 PM Re: Gas Prices [Re: SimonB]
mountain Larry Offline
Seemed to me it was higher than that.

#281426 - 05/24/08 03:48 PM Re: Gas Prices [Re: mountain Larry]
Lan Sluder/Belize First Offline
Checking back issues of Belize First, in April 2002 "Unleaded gas in Belize is now about US$3.40 a gallon and diesel is around US$2.25."

In late 2000, "unleaded gas is now about US$2.90 a gallon, while diesel is around US$2.15."

In mid-1999, gas in Belize was "around US$2.50 a gallon."

By contrast, the typical price of unleaded regular in the U.S. in late 2000 was US$1.70. The average price of gas in the U.S. in 2002 was around US$1.35. (Gas prices in the U.S. declined both in 2001 and 2002.)

--Lan Sluder
Lan Sluder/Belize First

#281432 - 05/24/08 04:29 PM Re: Gas Prices [Re: Lan Sluder/Belize First]
Lan Sluder/Belize First Offline
Taking this a little further ...

Looking at the relative price of gas and diesel in Belize and the U.S. over the past few years, it's clear that -- relatively speaking -- Belize gas and diesel prices have increased far less than in the U.S. and the relative premium that Belizeans pay has shrunk. Unleaded regular gas n Belize increased 54% in the six years from mid-2002 to mid-2008, whereas in the U.S. unleaded regular increased by 187% in the same period. Diesel prices in Belize increased 113% in the past six years, while diesel prices in the U.S. jumped 252%. Although gas and diesel prices remain higher in Belize than in the U.S., the relative premium paid in Belize has shrunken dramatically. For example, in mid-2002 Belizeans paid 151% more than Americans paid for unleaded gas, but in mid-2008 Belizeans paid only 35% more. In the case of diesel, in mid-2002 Belizeans paid 70% more than Americans, but in mid-2008 Belizeans paid only 3% more.

The first figure is unleaded regular gas; the second is diesel. All figures are expressed in U.S. dollars.

U.S. Belize
Late 2000 $1.70/ $1.49 $2.90/$2.15
Mid 2002 $1.35/$1.32 $3.40/$2.25
Late 2006 $2.59/$2.71 $4.60/$3.49
Mid 2008 $3.88/$4.65 $5.23/$4.80

Note: Gas and diesel prices in the U.S. historically vary considerably month by month and also regionally.

--Lan Sluder
Lan Sluder/Belize First

#282122 - 05/31/08 04:54 PM Re: Gas Prices [Re: Lan Sluder/Belize First]
SimonB Offline
Went to $5.47US yesterday


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