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Fuel prices up by 10 cents

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MOBIL Oil Marianas on Monday raised its fuel prices by 10 cents, the fourth price hike since the last price roll back three months ago.

The price of regular gasoline per gallon went up from $3.68 to $3.78; supreme from $4.13 to $4.23; and diesel from $3.91 to $4.06.

Shell Marianas is expected to follow suit.

 The Mobil Oil Marianas station on Beach Road in Garapan displays the new fuel prices on Monday. Photo by Emmanuel T. Erediano

House Vice Speaker Lorenzo I. Deleon Guerrero said the fuel price increases may affect the fuel adjustment cost or FAC assessed by the  Commonwealth Utilities Corp.

But he also said there is nothing the government can do about oil price increases, which are largely determined by global market factors.

However, under an emergency declaration, he said the governor can impose a price freeze on basic commodities including fuel.

The price of regular gasoline per gallon was $3.93 when Gov. Ralph DLG Torres imposed a price freeze on March 5, 2020.

 

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