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Further increases in fuel

on Jul 7th, 2009 and filed under Economy. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

Today Panamanians morning with new hikes in fuel prices after the announcement last Wednesday that would have increased 13 to 15 hundredths.
With the new price caps (see graph) per gallon of 95 octane petrol would have the same cost that was between October and November 2008 in the city, which was 2.94 dollars. In Changuinola, Bocas del Toro, a gallon reached 3.13 dollars.
The National Hydrocarbons gives rise to this new increase in fuel consumption in the United States and recovering demand in Asia.
This is compounded by the Organization of Petroleum Exporting Countries decided in oil production of 24.8 million barrels a day, and hopes that the price of a barrel reached $ 80 by year-end, “says Hidrocarburos

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