Note: This post is not linked directly to tourism.
In Aruba gasoline prices changes once a month and tomorrow it’s increasing. This is the forth consecutive month with an increase and there’s no end in sight. Compared to last month the price increased with almost 5%. With $4.48 per gallon ($1.18 per liter) this is the highest levels the prices of gas has been in over two years. In October 2008 gasoline was at an all-time high with $5.55 per gallon.
The most upsetting part is how the prices are established. All stakeholders come together once a month (minus consumer groups) and they set the price. It’s done in a way that no one (beside the little group that comes together) really has slightest idea of how it’s established. I see no signs of this changing either. Do you smell the inflation? For more information visit ArubaGasoline.com.
Do you wonder how it is elsewhere? Below there’s a quick list with some prices to compare, for your reading pleasure.
Prices are in US dollar per gallon (US dollar per liter in bracket):
- Netherlands $8.14 ($2.15)
- Aruba $4.48 ($1.18)
- Canada [daily average] $4.28 ($1.13)
- Jamaica $3.90 ($1.03)
- USA [daily average] $3.07 ($0.81)
- Trinidad & Tobago $2.27 ($0.60)
- Venezuela $0.09 ($0.34)