Economy September 2, 2022 | 4:21 pm

Government begins September with more than RD$460 million in fuel subsidies

Santo Domingo, DR
The closing of operations of the price of a barrel of WTI (West Texas Intermediate) oil during this week in the markets oscillated between US$89.55 as the minimum value and US$97.01 as the highest value, averaging US$92.76, for which the Dominican Government announced that for the first week of September the extraordinary subsidy would be maintained. Therefore, the prices of all fuels will be frozen.

The Vice-Minister of Domestic Trade, Ramón Pérez Fermín, informed that more than 460 million pesos were allocated for this week alone, thus avoiding the increases that continue to be caused by the recovery of the post-pandemic demand, aggravated by the Russian invasion of Ukraine, with strong sanctions against Russia, one of the main oil producers in the world.

“The Government of President Luis Abinader maintains its policy of not transferring increases to the population, assuming a debt of 460 million dollars, thus avoiding increases ranging from 10 pesos per gallon to almost 80 pesos per gallon in the case of Gasoil Óptimo”, pointed out Pérez Fermín.

Prices until September 9, 2022

Premium gasoline will be sold at RD$293.60 per gallon, maintaining its price.

Regular Gasoline RD$274.50 per gallon maintains its price.

Regular Gasoil RD$221.60 per gallon maintains its price.

Gasoil Óptimo RD$241.10 per gallon maintains its price.

Avtur RD$298.91 per gallon maintains its price.

Kerosene RD$338.10 per gallon maintains its price.

Fuel Oíl #6 RD$192.11 per gallon maintains its price.

Fuel Oíl 1%S RD$211.77 per gallon maintains its price.

Liquefied Petroleum Gas (LPG) RD$147.60 per gallon maintains its price.

Natural Gas RD$28.97 per cubic meter (m3) maintains its price.

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