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Belize: $11 for a Gallon of Gas. Prices Have Increased Due to Secretive Measure.

Article Summary:

The cost of living for many in Belize may very well be at its highest point in history, but that’s not stopping the Barrow Administration from continuing to hike up commodities. Gasoline prices, which now come it at just under $11 a gallon of regular, were increased by a secretive measure on January 1 and there still has no word as to why from administration officials.

Original Article Text From Belize Times:

Barrow Increases Fuel Prices

The cost of living may be at its highest point in history, but that’s not stopping the Barrow Administration from continuing to hike commodities.

Fuel prices increased on January 1st, perhaps as a late Christmas gift for Belizeans, but it’s not a Christmas bonus or free hams. In fact, it was increased in secret, and there has still not been any official announcement as yet.

The price for premium increased by 30 cents, to past $10.90per gallon. Regular gas was hiked by 38 cents and it is also just below the $11.00 mark. Diesel saw a minor decrease of 3 cents, which commuters will find a joke.

In addition to the fact that consumers will no have to dig deeper into their pockets to pay for fuel, what the hike means is that inflation continues to affect the cost of goods, which does not bode well for Belizeans.

Important to note is that fuel prices continue above the $10 mark, even after Government promised in 2009 that it would go beyond $8.00.

Link to Original Article:

From Belize Times

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