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Unleaded Gasoline cost continues to rise, edging closer to $20 a gallon in SKN


by Kevon Browne

St. Kitts and Nevis (WINN): Gas prices in the Federation have increased again.

According to the Ministry of Finance, the retail prices of Unleaded Gasoline as of June 21:

At Delta Service Stations, fuel is EC$17.83 per gallon,

At SOL Service Stations, the price is EC$19.29 per gallon.

The new prices represent the maximum retail prices at which Unleaded Gasoline can be sold at the respective company’s service stations.

Currently, there is a fuel subsidy for Taxi/Tour Operators and Omnibus passenger operators of EC$400 per month.

Even with the subsidy, representatives from the Bus Associations have indicated their desire to increase the bus fare for passengers partly as a result to the rise in fuel and other operational costs. Any approval of an increase has to come from the Ministry of Finance and will have to wait until after the general elections in the Federation.

Across some of the OECS regions, Dominica, Gasoline is $16.47; without the subsidies in place, the price of gasoline in the Commonwealth of Dominica would have been $17.45.

The price in Grenada is EC$15, according to their Government Information Service. St. Vincent is also EC$15 per gallon.

In Antigua and Barbuda, the cost of fuel increased from $15.15 to $17.50 per gallon,

The rise in fuel prices continues to be a highly debated and contentious matter globally, as the cost of fuel affects the cost of every other commodity that directly or indirectly needs fuel, including the export and import of goods, plane ticket prices, the cost of services and the cost of electricity.

Climate change and green energy advocates have also used the increase in fuel costs and the reliance on crude oil as another call to action for nations to hasten the transition to cleaner energy sources.


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