Shell Marianas dropped its gasoline prices by 10 cents a gallon yesterday, mirroring Mobil Oil Marianas\u2019 pump price changes on Tuesday afternoon.<\/p>\n
Regular unleaded gasoline at Shell and Mobil service stations on Saipan is now $4.659 a gallon, which is still not far from the CNMI\u2019s current minimum wage of $5.05 an hour.<\/p>\n
Super unleaded gasoline now costs $4.979 a gallon.<\/p>\n
Diesel is now $5.119 a gallon.<\/p>\n
Tony Sison, a resident of Gualo Rai, said a 10-cent gas price cut will provide relief but he\u2019s hoping that the prices will further go down.<\/p>\n
\u201cIt\u2019s harder to budget these days. Gas prices, power bills, food prices are high and I\u2019m only a minimum wage worker,\u201d Sison said in an interview while he was putting $8 regular unleaded gasoline on his sedan at a Shell service station in Puerto Rico yesterday afternoon.<\/p>\n
This week\u2019s 10-cent rollback brings to 20 cents the total gas price reduction in a month. The last 10-cent rollback was on May 26.<\/p>\n
The price of crude oil now hovers near $93 per barrel compared to over $100 per barrel weeks ago, resulting in pump price cuts.<\/p>\n
Despite the 20-cent total rollback in May and June, CNMI gas prices are still among the highest in the United States.<\/p>\n
Retail pump prices are affected by a combination of factors, which include internationally traded wholesale prices, operating and capital cost, distribution costs, taxes and duties, currency exchange rates, and market competition. <\/p>\n","protected":false},"excerpt":{"rendered":"
Shell Marianas dropped its gasoline prices by 10 cents a gallon yesterday, mirroring Mobil Oil Marianas\u2019 pump price changes on Tuesday afternoon.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-153166","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/153166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=153166"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/153166\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=153166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=153166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=153166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}