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SANTO DOMINGO. - The Industry and Commerce Ministry (SEIC) posted lower prices on gasoline, avtur and kerosene, whereas those of diesel and propane gas remain unchanged.

For the week from November 28 to December 4 a gallon of premium gasoline will cost RD$159.80, or RD$1.00 less and regular RD$149.60, also RD$1.00 less.

Avtur will sell for RD$102.60 per gallon, for a reduction of RD$1.00, and kerosene will cost RD$119.40, or RD$1.00 less per gallon.

Prices on regular and premium diesel are unchanged at RD$ 127.30 and RD$132.30 per gallon, as well as propane gas at RD$72.29 per gallon.

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COMMENTS
14 comment(s)
Written by: juanb, 27 Nov 2009 12:44 PM
From: Dominican Republic
Gee that's great. Now, I understand that the government collects a tax on gasoline that is a percentage of the price, so they have an interest in keeping the price as high as possible. But still, someone has to explain to me why gasoline in the US right now is about $2.50 per gallon and here it is $4.15. That is more than 50% higher. WHY???
Written by: time2rize, 27 Nov 2009 12:53 PM
From: Dominican Republic
juanb its a mystery i still have not been, able to figure out myself. lol
Written by: Adrian29630, 27 Nov 2009 1:05 PM
From: Dominican Republic, Cabrera
Competition instead of price fixing!
Written by: BASTA, 27 Nov 2009 2:43 PM
From: Dominican Republic, =Ghetto/Legalize Drugs
no we need money to buy more toys for my twinkies " "
Written by: yowzerDR, 27 Nov 2009 8:45 PM
From: Dominican Republic
What started the recession is extremely crazy high gas prices, which killed the auto industry and stained the transportation market. Obama is playing it smart by reducing gas taxes to stimulate the economy. He is doing his job right, unlike LF...
Written by: abc200, 27 Nov 2009 9:58 PM
From: United Kingdom
UK price about 9dollars / gallon. High prices reduce oil imports, promote economy cars, encourage economical driving techniques and minimize car usage. In Thailand now they increase the price of petrol but lower the cost of public transport.
It is of course good when the government sets the price of petrol as people do not go miles to find it cheaper and do not store/transport gas in a non safe way.
The government could raise petrol price and use the income to buy more buses for the state bus company.possibly reducing fares.
S.
Written by: Grosero, 28 Nov 2009 11:05 AM
From: United States
$2.48 @ Lejeune RD & the 836 express way....

Gotta love Miami!!!!
Written by: locco, 28 Nov 2009 12:19 PM
From: Dominican Republic
it is not just high fuel prices here most prices are high and the public will not stand-up and say this is bullshit until they do the prices will only be a game up and down to make the public think the goverment is working for them
Written by: abc200, 28 Nov 2009 2:08 PM
From: United Kingdom
The answer has been in many countries is to form a retail co-operative. You get a 100 members who pay a little for a 'share'. Officers are elected and expected to put in 10 hours or so work a week. In some countries co-operatives have grown and account for 20% of food distribution for example.
The retail co-operative can buy members requirements from farmers, producer co-operatives, fishermen etc. A church hall or similar can be used for distribution say twice a week. When a product is in short supply another product can be substituted or an allocation imposed.
Food bills can be halved especially in areas with little competition. In the DR many syndicates, a form of co-operative, provided excellent bus services. Small retailers can band together to get a good deal from producers and wholesalers.


http://www.nedac.org.in/index_files/FairTrade.htm
Countries also need to adopt laws stopping foreign hypermarkets from driving up prices.
Written by: abc200, 28 Nov 2009 2:13 PM
From: United Kingdom
http://www.regoverningmarkets.org....oreign_hypermarket_expansion.html
Its amazing how they do this - at the supermarket locally platinos are 8 pesos. whereas local farmers charge 2-3.
S.
Written by: anthonyC, 29 Nov 2009 11:22 AM
From: United States
It still amazes me how people can claim that they are intelligent yet have no grasp of basic economics.
Written by: abc200, 29 Nov 2009 11:58 AM
From: United Kingdom
so co-operatives according to aC's mixed up mind cannot exist due to the laws of economics?
And if we club together to buy a sack of rice something in aC's crazy mixed up mind says this is against the laws of economics.
Supermarkets have to support fat cat capitalists who own the shopping malls doing so at the expense of both small producer and consumer. They also destroy employment in existing distribution chains where there is no other employment forcing people to rely on government hand outs and/or have a pooer standard of life. They also make destitute small local producers by unnecessary transport of goods over vast distances and hype food that provides poor nutrition.
S.
S.
Written by: Ricardolito, 29 Nov 2009 8:34 PM
From: Dominican Republic, Boca de Chavon
The problem of supremarkets killing small traders is not just a problem for the DR ,,it is all over the world but actually less in the DR where there is a proliferation of small stores and markets where you can normally buy goods cheaper than in a supermarket .Except if you are white like me and are seen as an easy target .
I am all in favour of high taxes on fuel and on cars as it is a tax that falls mainly on the better off and not on the poor . Petrol is not exessively high here but I am wondering what prices are pushing inflation up to the 6% predicted by the Government
Written by: BASTA, 30 Nov 2009 7:48 AM
From: Dominican Republic, =Ghetto/Legalize Drugs
intelligent = who dominicans?
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