Categorized | Local, News

Gas price at the pump escalates

Earlier this week ZJB reported that motorists was again facing an increase in the price of gasoline since the start of 2012.

The petrol price is now at $16.45 up by more than a dollar from $15.37, while the price of diesel has dropped from $16.03 a gallon in February to $15.85.

The cause of the increase is said to be from a combination of reasons including Euro debt cocerns, global politics and the speculation that oil prices are increasing, now trading at US%105.00 per barrel.

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Earlier this week ZJB reported that motorists was again facing an increase in the price of gasoline since the start of 2012.

The petrol price is now at $16.45 up by more than a dollar from $15.37, while the price of diesel has dropped from $16.03 a gallon in February to $15.85.

The cause of the increase is said to be from a combination of reasons including Euro debt cocerns, global politics and the speculation that oil prices are increasing, now trading at US%105.00 per barrel.

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