{"id":364278,"date":"2022-03-16T06:05:45","date_gmt":"2022-03-15T20:05:45","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=364278"},"modified":"2022-03-16T06:05:45","modified_gmt":"2022-03-15T20:05:45","slug":"first-fuel-price-rollback-of-2022","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/first-fuel-price-rollback-of-2022\/","title":{"rendered":"First fuel price rollback of 2022"},"content":{"rendered":"<figure id=\"attachment_364279\" aria-describedby=\"caption-attachment-364279\" style=\"width: 1779px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.saipantribune.com\/wp-content\/uploads\/2022\/03\/Fuel-prices-pix-PW-11-2.jpg\" \/><figcaption id=\"caption-attachment-364279\" class=\"wp-caption-text\">A motorist takes advantage of the lower gas prices by filling up yesterday. (Kimberly B. Esmores)<\/figcaption><\/figure>\n<p>After weeks of gradual increases that saw gas prices on Saipan creeping past the $6 mark, the CNMI saw its first fuel price rollback of the year yesterday, with local oil companies reducing prices by 20 cents. <\/p>\n<p>After just a few days since hitting the $6 mark\u2014the highest that Saipan has seen in years\u2014Mobil Oil Marianas surprised many in the community with its first rollback.<\/p>\n<p>As of 6pm press time, Shell Marianas had yet to reduce its prices but is expected to reduce its prices today. <\/p>\n<p>Yesterday, Mobil\u2019s Extra fuel went down from $6.06 a gallon to $5.86. Mobil also reduced its Supreme fuel from $6.51 to $6.31 a gallon. The local oil company also brought down its diesel prices from $6.53 to $6.33 per gallon.<\/p>\n<p>One local motorist encouraged everyone to gas up while prices are relatively low since the nation is still expecting a significant increase in fuel prices. <\/p>\n<p>\u201cThis is probably only a minor relief. President Joe Biden already announced last week that gas prices will only continue to go up, now that the import of Russian oil has been banned,\u201d he said. <\/p>\n<p>Another motorist, a 37-year-old woman, said this may be the start of something good. <\/p>\n<p>\u201cI think this will be the start of a steady rollback in prices. I\u2019m hopeful that this is good news for the CNMI and the nation,\u201d she said. <\/p>\n<p>Last week, President Joe Biden announced the ban on import of Russian oil as part of the sanctions imposed for the country\u2019s invasion of Ukraine weeks ago.<\/p>\n<p>He also openly warned that fuel prices will only continue to increase due to this sanction. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>After weeks of gradual increases that saw gas prices on Saipan creeping past the $6&#8230;<\/p>\n","protected":false},"author":24,"featured_media":364280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[900],"tags":[],"class_list":["post-364278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/364278","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\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=364278"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/364278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media\/364280"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=364278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=364278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=364278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}