Diesel prices higher as of today

POSTED: 04/17/11 9:13 PM

St. Maarten– The price of diesel will rise again on today. This is the fourth time this year and the second time this month that the prices of diesel have been adjusted.

The price as of today will be 2.30 guilders ($1.28) per liter. This is a 13 guilder cents ($0.07) more than the current price of 2.17 guilders ($1.21) that went into effect on April 2.

An announcement signed by the Minister of Tourism, Economic Affairs and Tourism Franklin Meyers states that continued unrest in the Middle East, particularly in Libya where the largest crude oil reserves in West Africa lie and the recent tsunami in Japan have driven up the prices of crude by 20 percent, thus leading to increases in the cost of petroleum products.

Though diesel is going up the prices of gasoline and cooking gas have not been adjusted.

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