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Gas prices rise again!

Posted: Wednesday, May 23, 2018. 1:48 p.m. CST.

By BBN Staff:The Belize Bureau of Standards (BBS) has issued a release with new increases in gas prices effective midnight tonight.

BBN readers will recall that fuel prices were hiked just 6 days ago.

Premium gas will increase by 31 cents — going up from $11.36 to $11.67 a gallon.

Regular fuel will increase by 21 cents —go up from $11.14 to $11.35

Diesel will increase by 3 cents — from $10.60 to $10.63.

Kerosene will remain the same at $7.75 a gallon.

On April 4, butane prices were hiked by a whopping $10 more per 100 pounds cylinder.

Last week in a Press conference, Prime Minister Dean Barrow informed that because of the acquisition costs, the price of fuel would see more increases.  “ I want to make clear that as all the world, we are going to be in for a difficult time in terms of fuel prices because of the acquisition costs, the global costs of oil is increasing at a rate that small countries such as ours is alarming,” Barrow stated.

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