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Santo Domingo.-  Industry and Commerce minister Manuel Garcia said Tuesday fuel prices will fall as much as six pesos per gallon in the coming weeks. "I don’t have the exact calculation, but I think it may go down by four, five and six pesos in the next few weeks."

He said reports that once the elections were over the fuel prices would rise. "We’re expecting that declining oil prices internationally are transferred to cheaper fuels and begin to transfer them to consumers."

"We hope that in the coming weeks will see reductions, because as I said before, one thing is the price of oil and other is the prices of derivatives," said Garcia to reporters at the George Arzeno Brugal Industrial Journalism awards. He said crude prices expected.

He said crude prices are quite close to reality, "based on when the barrel of oil cost US$100."

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COMMENTS
5 comment(s)
Written by: BASTA, 6 Jun 2012 8:38 AM
From: Dominican Republic, =Ghetto/Legalize Drugs/Free abortions for all
MF's- should drop 80 rd!
Written by: dreamkiller, 6 Jun 2012 10:08 AM
From: Falkland Islands (Islas Malvinas), The Dentist will see you now
Lower the price ......why they are practicaly giving it away now
Written by: danny00, 6 Jun 2012 10:58 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER
$83 today.
hey! mr vivacuba they did not find any oil in cuba the well is dry.....

sorry for u and mr castro.
Written by: danny00, 6 Jun 2012 11:01 AM
From: United States, syosset, key west, santo domingo AND NOW THE GLOBE TROTTER


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Repsol 'almost certain' to end offshore oil drilling in Cuba
Spanish oil company Repsol announced its potential withdrawal from exploration in Cuba, after spending close to $150 million on a dry well. What does this mean for Cuba?
THE WELL IS DRY MR CUBA.....
SORRY REALLY IAM.... MAYBE THERES SOME OIL IN SANTO DOMINGO AREA? WHO KNOWS
WHY DONT U START DRILLING TODAY MAYBE U CAN FIND SOME...
Written by: jojosnogood, 6 Jun 2012 8:51 PM
From: Dominican Republic
they should have lowered it 2 weeks ago.what does the prsidential election have to do with anything cono.
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