Gasoline prices up again todayPOSTED: 04/20/12 2:46 PM
St. Maarten – Minister of Tourism, Economic Affairs, Transportation and Telecommunication Franklin Meyers announced his second hike in the price of a petroleum product in six days on Thursday. The hike is in the price of gasoline and takes effect on Friday. At the time the price will go from 2.65 guilders to 2.73 guilders. Diesel prices will stay at 2.29 guilders.
This latest increase is due to the fact that price of crude oil continues to increase on the global level because of the continued tense international situation involving Iran, which is the second largest exporter of petroleum products.
“It is expected, and as such observed, by many experts, that crude oil prices will remain at high prices during the coming months,” Meyers states in his announcement.