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Gas prices up again, diesel nears $6 mark
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Posted on May 24 2008
With crude oil prices spiking at $129.07 a barrel, Shell Marianas Inc. again adjusted its prices on Saipan Friday night, with diesel now fast approaching the $6 mark and gasoline creeping into the $5 a gallon level.
Saipan Tribune learned yesterday that Shell increased its prices for regular gasoline by 12 cents a gallon, premium gas by 31 cents, and diesel by 36 cents.
As such, Shell’s self service regular gas now costs $4.569 a gallon, while its premium is now $4.719 a gallon.
For full service, Shell’s regular gas now costs $4.699 a gallon, while its premium is now $4.839.
Shell’s diesel is now sold at $5.479 a gallon.
This was the second time in two weeks that Shell increased its prices on the island and is the oil company’s eight increase so far this year.
As of yesterday, Mobil Oil Marianas has yet to increase its prices, but the company is expected to do so anytime. Mobil and Shell usually mirror each other’s price hikes.
Shell usually announces its price increases and explains the reasons. But in the two latest adjustments, for still unknown reasons, the company did not release a statement to the media.
Mobil does not publicly announce its increases.
On Saipan, Mobil’s self-service regular gas remained at $4.449 a gallon, while its super unleaded is $4.599 a gallon.
For full service, Mobil’s regular gas is $4.579 a gallon, while its super is $4.719 a gallon. Its diesel is at $5.479 a gallon.
Only Mobil has gas stations on Tinian and Rota. The prices on the two islands are significantly higher.
Saipan Tribune learned that on Tinian, regular or unleaded gas is $4.95 a gallon, while diesel is $5.77 gallon.
On Rota, regular or unleaded gas is $5.10 a gallon, while diesel is $6 a gallon.
Last May 12, Mobil increased its regular gas price by 12 cents, its super by eight cents, and diesel by 12 cents. After a few days, Shell also adjusted its prices.
For the month of April, the two oil companies increased their prices twice.
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[B]
SELF SERVICE[/B]
Regular: $4.569 a gallon
Premium: $4.719 a gallon
Regular: $4.699 a gallon
Premium: $4.839 a gallon
Diesel: $5.479 a gallon
