Regular Fuel Drops from $13.43 a gallon to $11.68

Regular Fuel Drops from $13.43 a gallon to $11.68

Keeping track of fuel prices has been quite an undertaking, especially since the government stopped issuing notices on the changes in prices.  This is perhaps the reason that the sharp decrease in regular fuel went unreported.  We can tell you tonight, that regular fuel saw a price change from thirteen dollars and forty three cents per gallon to eleven dollars and eight six cents per gallon.  This price change occurred some three months ago.  More recent, however, was the change in the price for diesel.  Some two to three weeks ago, the diesel price went from thirteen dollars and twenty five cents to twelve dollars and eight cents; while Premium also saw a reduction by a dollar and sixteen cents.  Prime Minister John Briceno was asked about these price changes, and the fact that government no longer notifies consumers of them.

Hon. John Briceño, Prime Minister of Belize: “But yes the price has been going down but we still also depend heavily on the excise tax from fuel to help us to be able to do these social programs, the grocery bag  program that we have, the low cost housing that we’re doing, fixing streets all across this country. So it plays an in important role, a critical role to be able to get as much as possible funding for the programs that we have.”

We will keep monitoring changes at the pumps, and bring them to you, accordingly.

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