Price of butane up; gasoline may be next

Posted By: Marty

Price of butane up; gasoline may be next - 03/13/03 03:47 PM

Price of butane up; gasoline may be next
With war in Iraq perhaps only days away, and Venezuela
reeling from months of political turmoil, it is a
worldwide fact
of life that petroleum prices are going through the
Today, Belize felt the hard pinch of that reality once
again as
the control price of butane gas took another leap. Here
the new rates for hundred pound cylinders: customers in
Belize City will pay seventy-six dollars; Belmopan
seventy-eight dollars; San Ignacio seventy-nine dollars.

Benque Viejo del Carmen will pay the most at eighty
a tank. In Orange Walk and Corozal, butane will sell for

seventy-five dollars, while Dangriga and Punta Gorda
off the list with seventy-two and seventy-three dollars
respectively. This is the third price hike since
September in
the butane industry. Using Belize City as a bench mark,
September the price stood at sixty-two dollars, rose to
sixty-eight in October, increased again in January to
dollars, before reaching today's new rate of seventy-six

dollars. The latest price hikes average eight percent.
Most of
Belize's butane is imported from Mexico, with a lesser
amount originating in Guatemala.

And prices at the gas stations aren't looking much
According to officials at Esso Standard Oil, Belize's
importer of gasoline, diesel and kerosene, the next fuel

shipment is expected to arrive in the country on March
eighteenth. We have been made to understand that the
acquisition price for that shipment will not be
determined until
its arrival in port, but it is almost certain that the
price will go
up. Tonight, a government spokesman tells News 5 that
Belmopan had planned to continue to absorb the cost of
rising acquisition prices until the end of the financial
year, on
March thirty-first. But given the extenuating
circumstances, it
appears that government will have to reassess its
and review its revenue situation to determine if it will
be able
to afford what is likely to be a major blow in next
tanker. The pump price in Belize City for premium
today stood at six dollars and ninety-five cents a

(prices in $BZ)
Posted By: Jonathan

Re: Price of butane up; gasoline may be next - 03/13/03 06:07 PM

Man, $179bz to fill my truck. That would suck! I'll keep tooling around the highways and byways of Texas at $1.79us/gal.
Posted By: mayatravel

Re: Price of butane up; gasoline may be next - 03/13/03 07:24 PM

Perhaps this shall shed some light on why road or boat transfers and rates at some of the remote lodges powered by generator are so costly.

Add duty,shaken, not stirred, and you get the rates we all complain about.
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