Shell lowers prices anew by 15 cents

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Posted on Dec 10 2008
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Shell gas stations on Saipan were poised to lower prices overnight Wednesday following the continued decline of fuel prices in the world market.

In a statement, Eloy Lizama, president of Shell Marianas, said prices at stations in the Northern Marianas would drop by 15 cents Wednesday night. The price change had yet to go into effect at press time.

“Shell’s average market cost of regular unleaded, V-Power and diesel fuel products have continued to ease, allowing Shell to pass the savings onto our customers,” said Lizama.

Based on previous figures, Shell’s move brings pump prices on Saipan to $2.98 a gallon for regular unleaded, self-served gas and $3.11 a gallon for regular, unleaded gas with full service. Premium, or Shell “V-Power,” gas prices fall to $3.30 a gallon self served, and $3.42 a gallon with full service. Diesel prices come to $3.75 a gallon.

Shell last cut its prices on Nov. 27 by 30 cents.

There was no immediate word if Mobil Oil Marianas will also lower its prices but the two companies have traditionally mirrored each other’s price movements. Mobil does not usually make media announcements about price changes.

The current national average price for regular gas has dipped below $2 a gallon.

[B]NEW SHELL PRICES[/B] [B]SELF SERVICE [/B] Regular $2.98
Premium $3.30

[B]FULL SERVICE[/B] Regular $3.11
Premium $3.42

Diesel $3.75

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