Fuel Price Hikes Announced
The Ministry of Finance announced across-the-board hikes for the price of gasoline, diesel and kerosene this week [Jan. 14]. The maximum price of gas went up by 1.6 cents per litre, diesel jumped by 3 cents while kerosene increased by 2.8 cents.
As a consequence of these increases, the maximum retail prices to be charged at the pumps for petroleum products will be: $1.918 per litre for gasoline, $1.75 for diesel and $1.475 for kerosene.
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Because Bermuda isn’t expensive already and we are definitely not in the middle of the worst economic climate that the island has ever experienced…
Prices go up, wages stagnate. Gotta love the monetary system.
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