7 News Belize

Belizeans Feeling The Price Pinch At The Pump
posted (May 23, 2018)

Oil prices are going up the world over - and in Belize where fuel was already very expensive, the prices are now stratospheric!

Prices went up at midnight - and the increase sees premium going up by 31 cents per gallon, regular by 21 cents per gallon, and diesel by three cents per gallon.  

These increases are the result in rising acquisition costs, but government says it cannot reduce its tax take to give consumers a break.  Government said it is working with the importers to try to lessen the impact of the increases, but, just like GOB, PUMA has to get its pound of flesh as well.

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7 News Belize