83.7 F
Charlotte Amalie
Wednesday, May 8, 2024
HomeNewsArchivesHovensa Hikes Gas Rate a Dime

Hovensa Hikes Gas Rate a Dime

The price of gasoline is slated to rise another dime in the U.S. Virgin Islands Monday, as Hovensa announced a 10-cent increase in the rate it charges to retailers from its fuel rack.

The wholesale price of regular will increase to $3.34 a gallon, and premium to $2.79 a gallon. That does not include the 14-cents-a-gallon tax paid by consumers, who will pay a total price of $3.48 a gallon for regular and $3.93 cents for premium.

The price of a gallon of diesel fuel will fall by a penny, from $3.55 to $3.54 a gallon, the company announced.

It is the third price increase since the beginning of 2013.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.

Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.

UPCOMING EVENTS

UPCOMING EVENTS