Jamaica Gas Prices

As you follow the prices of gasoline across Jamaica especially in Kingston you notice some interesting trends.  In last week’s gas review, I noted that the price differential between the high and low price for 90 octane was a staggering $9.65. (see Gas Review of week ending October 1,2008 )

This week so far there has been a reduction in the difference but at this point it remains a staggering $9.49 per litre or roughly $43.08 per gallon. (See Last 7 day Reports for details . Note this is a live report.)

Most motor cars can hold in the region of 12 gallons if not more. That said, let us say that you only have 2 gallons in your tank and you decide it a time for a fill up.  By picking the right gas station you could save a tidy sum of $430 (10 x $43) on one refill. If you can $430 per week, it will add up to close to $21,000 for the year. Now that might be small change to some but for many that money could come in handy.

The lowest prices on 90 Octane, based on information available to jamaicagasprices.com.jm, seems to be in the Cross Roads area of Kingston. This can be found at the following service stations, Worldtron’s Esso, Petcom, Slipe Road, Unipet, Slipe Road and Total Heroes Circle.

If you know of cheaper gas stations around share with us.  Also remember we want you to share all the prices you see.  In these days of tight credit we continue to encourage motorists to shop wisely and save were you can.

Notes.

In Jamaica 4.54 litres is equivalent to 1 Gallon.

In an article published in the Sunday Gleaner, Mario James, the Gleaner Writer, attempts to explain why. Two reasons for this dilemna are posited. The first one is that the refinery at PetroJam is old and not efficient. The second argument is that the demand for diesel has outstripped the ability of plant to supply it.

Last week the average price of Diesel as noted by Jamaica Gas Prices was $86.80 per litre while the ex-refinery price was for this week Oct 2-9 is $78.81.

You can read the full article here at the link provided below. what are your thoughts on the matter?

Source:

• Gas versus diesel (Pt 1)

The Star in Jamaica is reporting the interruption of racket by persons trying to find ways of beating the high gas prices. This is certainly not the way to go. According to the star, the incident occured in the parish of St. Catherine.

It involves the siphoning of gas at night from the parked vehicles owned by Bouygues Contruction Company. According to the report the company has been losing millions of dollars to theives. A sting operation was set up and one man was caught and a Nissan Pickup seized as well as twenty-four five gallon containers.

Simply put be careful where you buy the precious commodity. While you might want lower prices you don’t want to be hauled to court for aiding and abeit crimnal activities or receiving stolen Gasoline.

Source: $M GAS RACKET BUSTED

Motorists in Jamaica will be happy with the news that the price of the precious commodity has fallen. The ex-refinery price of 87  and 90 Octane dropped by JM $2.75 per litre and $0.25 for diesel.

On a day when,  the price of Oil fluctuated between US $105-$108 per barrel of Oil the reduction in gas prices was certainly welcomed news.

Despite this drop, motorists should continue to seek the best prices and make every effort to conserve.

We now watch to see what the service stations will do and if we will see this reduction at the pumps.

This week has seen Oil take a wild ride. Last week Oil fell below the US$100 dollar mark but this week Oil has traded as high as $130 per barrel before moving back down to around $106-107 in trading on Tuesday September 23, 2008.  In Jamaica we hope the price will keep trending down not up.

I have been noticing an increase in lines at certain gas stations in Kingston, a sure sign that motorists are picking the best places to buy gas.

Hot spots to get gas at the lowest prices in Kingston  include

• Petcom on Slipe Road
• Unipet on Slipe Road
• Total on Heroes Circle

If you know the prices please do not hesitate to submit.

Energy Crisis

In Jamaica, the price of Oil is not only hurting motorists. It is hurting all those, including myself, who have to depend on the Jamaica Public Service Company to provide energy.

The stories are frightening as bills have skyrocketed by as much as 50-60% over the last three months.  JPSco promises some relief in the September 2008 bills and we now await with hope.

In the meanwhile we must continue our efforts at conservations including planning our trips and avoiding uneccessary trips