Just days into September, the CNMI saw one of its largest rollbacks in fuel prices with oil companies across Saipan reducing its fuel prices by 20 cents. <\/p>\n
Last Saturday, oil companies on Saipan reduced its fuel prices by 20 cents with regular fuel now at $5.41 per gallon from $5.61. <\/p>\n
Mobil Oil Marianas, aside from reducing its regular or Extra fuel to $5.41, also reduced its Supreme fuel from $6.06 per gallon to $5.86 per gallon, while Diesel increased by 10 cents from $6.58 per gallon to $6.68. <\/p>\n
The CNMI has seen a consistent downward trend in fuel prices for the last two months. <\/p>\n
Starting on the first week of July, the CNMI saw a series of rollback with fuel dropping from $6.56 per gallon of regular fuel from the beginning of the month, to now at $5.71. <\/p>\n
The first rollback was seen on July 4, with local oil companies reducing its prices by 15 cents from $6.56 to $6.41. Then, just 24 hours later, in the early hours of July 7, the CNMI saw the largest rollback by far when oil companies dropped their prices by 25 cents from $6.41 to $6.16. The third rollback of July was seen last July 14, with fuel prices dropping to $6.01. The fourth rollback was seen last July 20 with fuel dropping another 15 cents from $6.01 to $5.86. Then, just six days later, on July 26 the last rollback for the month of July brought fuel down from $5.86 to $5.71. <\/p>\n
The most latest rollback was seen around the first week of August when fuel went from $5.71 to $5.61. <\/p>\n
According to a 23-year-old local motorist, she said she just hopes the trend continues. <\/p>\n
\u201cI don\u2019t want to jinx it, but I\u2019m really hopeful that this trend continues or at least the gas stays as it is now,\u201d she said. <\/p>\n
Another motorist said that he only hopes that the continuous reduction in fuel prices reflects on his utility bill. <\/p>\n
\u201cNow if only the Commonwealth Utilities Corp. would follow suit. Gas has been going down for months but my power has not. I just hope we see the same reduction in our power bill soon,\u201d he said. <\/p>\n","protected":false},"excerpt":{"rendered":"
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