Fuels decrease in price;  diesel reflects 31 cents less

According to the publication made in the Official Gazette number No. 29627-A, for the provinces of Panama and Colón, 95-octane gasoline will have a price of $1,078 per liter, that is, a gallon will cost $4.08.

Panama- The National Secretary of Energy unveiled this Wednesday September 21st, the new pmaximum strength of sale of fuels that will be in force in Panama during the next 15 days, according to what is established in the Resolution No. MIPRE-2022-0035246

According to the publication made in the Official Gazette number No. 29627-Afor the provinces of Panama and Colon the 95 octane gasoline twill have a price of $1,078 the literthat is to say that the gallon will be worth $4.08. This means that at Condition it will touch you subsidize 0.83 cents per gallon of this gasoline let it be consumed.

Refering to 91 octane gasolineits price for liter it will be of $1,014, what multiplied by 3,785 translates into $3.84 a gallon. Subtracting that amount from the $3.25 from which the Government is in charge of pay the differencethis means that it is up to him to assume the 0.59 cents that are needed to complete the real value of this fuel.

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On the other hand, the ceiling price of the liter of sulfur-free dieseland was fixed at $1,141that is, that the gallon it will cost $4.32, which translates into a disbursement by the Government of $1.07 by gallon consumed.

This means that the 95 octane gasoline under 3 centssince his Actual Price It is $4.11 the gallon 91 octane dropped 6 centsbecause it maintains a cost of $3.90and the free diesel of sulfur presents the higher low, namely 31 cents, since the current price is $4.63

These prices will take effect from September 23 from 2022 toIt’s 6:00 in the morning and will be valid until the next October 7 at 5:59 in the morning.

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Source: Critica

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Varun Kumar

Varun Kumar is a freelance writer working on news website. He contributes to Our Blog and more. Wise also works in higher ed sustainability and previously in stream restoration. He loves running, trees and hanging out with her family.

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