Drop in fuel prices goes into effect on Monday August 15 2022.

St. Martin News Network Local News Headlines & Top Stories

August 12, 2022

PHILIPSBURG:--- As hinted by the Acting Minister of TEATT, Omar Ottley in Wednesday’s press briefing; gas prices will see a decrease effective Monday, August 15th. A further decrease is expected in early September.

The delay in the price drop amidst the drop in fuel prices in the world market is attributed to delays in price increases in the local market, given the plight of the people. Though the delays started in the 3rd quarter of 2021, between the months of April and June 2022, in particular, the Government of Sint Maarten held off on 2 price changes (increases), while the ...

Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/41060-drop-in-fuel-prices-goes-into-effect-on-monday-august-15-2022.html

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