Archive for January, 2010

Share and Save

Monday, January 18th, 2010

Jamaica Gas Prices was set up with the idea that persons would share and save. Today that vision remains the same. By taking a few moments to note the prices you pay at the pump and posting that prices you would have shared and helped someone to save.

If everyone shares, we will easily know the best prices and where to get them. If are see prices as you drive along noted them or better yet have someone driving with you note the prices and at a safe time post these at http://jamaicagasprices.com.jm or http://mobile.jamaicagasprices.com.jm/ on your smartphones such as the Blackberry, Nokia, IPhone, HTC and others. You can follow us on twitter at http://twitter.com/jamaicagasprice

Once again we invite people to share. We are committed to bring some new features despite our failures in the past.

We need your participation, share and save in 2010. We will all need each other’s support.

Tax fueled Gas price increase is here

Tuesday, January 5th, 2010

Prices as seen at the New Kingston Texaco Service Station on January 2, 2010

Prices as seen at the New Kingston Texaco Service Station on January 2, 2010

Starting January 1, 2010,  the price of gas products at the pump at Jamaican service stations has risen. This is a result of the new taxes announced by the Government of Jamaica on December 17, 2009 and retained in revised tax package of December 23, 2009. The government hopes to raise JMD $9.4 billion of taxes from this measure.

The resulting effect is that motorist will pay significantly more at the pump.  As demonstrated in the previous post, ‘New Gas Tax hits Jamaica‘, the price to motorist will move up no less than $9.00 per litre at this time.  A Gleaner/Power 106 news report suggested the price of gas will increase by over $10 per litre.

On the street

When motorists drive around or visit the pumps this week, they will see prices ranging from the high eighties (80s)  to the high nineties (90s).  With the price of Oil increasing on the world market, expect to see gasoline being sold for as much as JMD $100+ per litre ( JMD $460 per gallon) in the coming weeks.

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