Belizean consumers and motorists got some badly-needed relief this week when the price of world oil plunged to its lowest level in years. This is translating to lower prices at the pump and today we were made aware that the gasoline prices have declined to under ten dollars, the lowest it has been in several years. Effective last night at midnight, Premium Gasoline went down 44 cents and now sells for $9.65 per gallon, Regular gasoline went down by 43 cents and now sells for $9.29 and Kerosene went down by $1.13 and now sells for $7.74.
And while we know Gasoline is the bloodline that keeps Belize moving, tracking gas prices can feel like a roller coaster ride. They're down a little one month, up the next, and then they shoot up more than 40 percent in a year. Whether these prices will stay, well we just have to wait and see.
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