The CNMI finally saw its first gas price rollback in 2021 last weekend, with both oil companies dropping their fuel prices by 10 cents.
After three weeks since the last increase, Mobil Oil Marianas dropped its gas prices by 10 cents early Friday morning. Shell Marianas followed its lead Saturday morning.
From $4.82 a gallon, Mobil Oil Marianas reduced its Extra fuel price to $ 4.72 a gallon. Mobil also dropped its Supreme fuel from $5.27 a gallon to $5.17 while its diesel also went down from $4.93 a gallon to $4.88.
An 18-year-old motorist told Saipan Tribune that he hopes the downward trend in fuel prices continues.
“I don’t expect that prices will go down to like 2 bucks but I hope I can soon fill up my tank under $40 like I used to,” he said.
Another motorist, a 57-year-old male, said it’s about time prices went down. “Prices were getting ridiculous. Almost $5 a gallon for regular fuel? That’s crazy. I remember back when I could get almost two gallons with $5,” he said.
Guam also reduced its fuel prices from $4.72 to $4.62.
According to various media outlets, worldwide, fuel prices have been relatively stable in the last month with fuel neither increasing or decreasing.