GUYANESE, as of yesterday, now benefit from lowered fuel prices at gas stations other than the Guyana Oil Company (GuyOil) stations.And Finance Minister Dr. Ashni Singh has commended the move by the privately-owned Sol-branded Shell Service stations in heeding his call for fuel prices to be lowered.

“The Company today implemented a 30 per cent cut in gasoline prices, and a 28 per cent cut in diesel prices,” Dr Singh said.
Earlier this week, the Finance Minister announced that the State-owned oil company, GuyOil, would be reducing its prices on fuel.
As a result, the price of gas was reduced from $995 per gallon to $695, representing a 30 per cent reduction; the price of diesel was reduced by 30 per cent, from $985 to $694; and kerosene saw a reduction of 42 per cent, from $850 to $496.
The Minister stated that the Government is pleased that the Company saw merit in passing on the benefit of lower oil prices to consumers.
He also repeated his call for other companies that are yet to cut their prices to do so immediately.
The new prices mean that prices have dropped to where they were in 2009.