BELIZE CITY, Mon. Jan. 8, 2018– Exactly one year ago, the Belize Bureau of Standards issued a statement announcing an 18% increase in the cost of Liquefied Petroleum Gas (LPG), or butane.
That increase put the cost of butane at $97 per hundred-pound cylinder in Belize City, and $102 in Punta Gorda.
Reliable information to Amandala is that there will be another increase in the cost of butane within the next few days. We are told that the proposed rates will be discussed during Cabinet’s meeting tomorrow, Tuesday.
However, when our newspaper telephoned the office of the Belize Bureau of Standards, our calls went unanswered.
While Belizeans await the new figures for butane, vehicle owners are already feeling a price adjustment at the pumps, although last October Prime Minister Dean Barrow promised to significantly lower the cost of fuel.
As of midnight on Saturday, the cost of regular gasoline was adjusted downward to $10.18 from $10.40, which is a decrease of $0.22.
The cost of premium gasoline, however, was raised to $11.24 from $11.07. This is an increase of $0.17. Diesel also saw an increase from $9.50 to $10.01, which is a difference of $0.51.
The price of kerosene, on the other hand, remains at $5.89 per gallon – a price that has been constant since last October.