Portofino Resort- Now with a new BEACH BAR!!
Topic Options
#89818 - 07/21/04 03:28 PM Fuel up again; 50% is tax
Marty Offline
Anyone who depends on motorised transport--and eventually that means all of us--took another hit in the wallet today as the price of the latest shipment of petroleum-based fuels rose to record heights. The effect at the gas pump was nothing short of devastating as premium gasoline skyrocketed thirty-two cents to eight dollars and thirty-three cents per gallon, regular jumped by twenty-nine cents to eight dollars and two cents and diesel climbed twelve cents to five sixty-six.

While virtually all of the latest increase was accounted for in the higher acquisition cost--that is the price charged by sole importer, ESSO Belize Limited--a breakdown of the pump price is revealing. Looking at a gallon of premium, for example, the largest single component is taxes, which total four dollars and eighteen cents. Next comes the three dollars and twelve cents charged by ESSO, followed by the distributor--again ESSO, joined by Shell and Texaco--who take forty-one cents per gallon. After that, the truckers receive seven cents for delivering to the retailer--your local gas station--who's share of the pump price comes to fifty-five cents.

This breakdown changes significantly for the more economical diesel, for which government charges much less tax, but even at two dollars and twenty-nine cents per gallon the tax bite is not small.

This is not to say that Belmopan should cut its share--any more than it should cut customs duties or income tax--as the fuel levies make up an increasingly important share of the nation's tax base.

But as the volatility of the planet’s politics and the greed of the world’s oil companies continue to grow, the future for countries like Belize looks increasingly bleak. While some tax incentives do favour fuel-efficient diesel pickups, for example, the number of gas guzzling SUVs brought in under duty free concessions continues to confound common sense

from Channel 5

#89819 - 07/21/04 03:40 PM Re: Fuel up again; 50% is tax
Everglades Offline
Thanks for posting this Marty, shocking to say the least.

#89820 - 07/23/04 06:29 PM Re: Fuel up again; 50% is tax
BiggieFL Offline
I paid $8.26 the first week in june at the Texaco downtown bayside. Did it drop and then go back up because that is only $.07 more than June 6th?

#89821 - 07/23/04 06:40 PM Re: Fuel up again; 50% is tax
SP Daily Offline
The prices quoted here are on the mainland. Here on Ambergris Caye there's an added transportation cost.


Click for excellent scuba lessons with Elbert Greer!

Things to do

Daily News
Daily Weather

Classified Ads
San Pedro Sun
Ambergris Today
SP Town Council
Channel 7
Channel 5
Love FM
The Reporter
Caye Caulker

TV Newscasts
Radio Stations

Click for our
Search thousands of Belizean-only websites

Event Guides
Event Calendar
Specials & Events
Things to Do
iTravel Belize
Paradise Theater

San Pedro Scoop!
Tia Chocolate
My Beautiful Belize
I-Travel Belize
Belize Adventure
Belize Hub
Romantic Travel
Bound for Belize
Conch Creative
As The Coconuts Drop
More Blogs...
Search thousands of Belizean-only websites
Chaa Creek is an award-winning luxury Belize Resort, rated as one of the worlds best Eco Lodges. We are a pioneer in adventure travel to Belize since 1981!
White Sands Dive Shop - 5 Star PADI Dive Facility - Daily diving, SCUBA instruction and Snorkeling
Caribbean Inspired All Natural Condiments & Spice Blends, Over 100 are Gluten Free!
We manage a variety of homes, apartments, condos and commercial properties here on Ambergris Caye. Our minimum lease on ALL properties is six months.
Conch Shell Inn: All rooms are right on the beach in the heart of San Pedro, so within walking distance to anything and everything!!
Lil’ Alphonse has snorkel equipment to fit anyone as well as Marine Park Tickets and flotation devices to assist those not as experienced.
Coastal Xpress offers a daily scheduled ferry run to most resorts, restaurants and private piers on the island of Anbergris Caye. We also offer  private and charter water taxi service.
Mini Chat

Cayo Espanto
Click for Cayo Espanto, and have your own private island
More Links
Click for exciting and adventurous tours of Belize with Katie Valk!
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31
Who's Online
1 registered (1 invisible), 56 Guests and 5 Spiders online.
Key: Admin, Global Mod, Mod
Forum Stats
18,716 Registered Members
44 Forums
64,360 Topics
463,176 Posts

Most users ever online: 1,262 @ 06/10/07 07:16 PM

AmbergrisCaye.com CayeCaulker.org HELP! Visitor Center Goods & Services San Pedro Town
BelizeSearch.com Message Board Lodging Diving Fishing Things to Do History
BelizeNews.com Maps Phonebook Belize Business Directory
BelizeCards.com SanPedroDaily.com Picture of the Day

The opinions and views expressed on this board are the subjective opinions of Ambergris Caye Message Board members
and not of the Ambergris Caye Message Board its affiliates, or its employees.