by Kevon Browne
St. Kitts and Nevis (WINN): The fluctuation of Gas Prices continues in the Federation as one service station will be charging near EC$19 at their pumps.
In a release from the Ministry of Finance, the General Public was advised of Unleaded Gasoline’s change in retail prices.
Delta Service Stations stand to charge a maximum of EC$18.01 per gallon, the service station’s high since March 22.
SOL Service Stations, EC$18.88 per gallon. The price change is in effect as of June 8.
Delta’s Price has been holding steady at $18.01 since the rise in the fuel price hit a peak in March locally.
Sol in March was at $15.93 per gallon and rose $1.58 by the end of March to $17.51 and continued fluctuating through April and May between $16 and $17 and is now at an all-time high of $18.88 per gallon.
The rise in fuel prices has stemmed from the war in Ukraine, the ban on Russian oil to the US and the United Kingdom, and the gradual ban in the European Union. The impact has been felt in all aspects of life as the cost of fuel has caused an increase in goods and services globally.
Apart from the rise in the cost of food and shipping, there is also a global food shortage. The wheat, seed oils, and corn traditionally exported from Ukraine have been halted and have trickled down to the suspension of many goods on the global market.
