Gas prices on the rise

Sun, Mar 13th 2011, 04:46 PM

Gasoline prices at Esso service stations have risen above the $5 mark.
The trend is expected to be mirrored at other stations in the near future, according to Minister of State for the Environment Phenton Neymour.
Yesterday, the price of gasoline at Esso stations stood at $5.12 per gallon, while prices at both Texaco and Shell remained at $4.70 per gallon.
However, according to Neymour that could soon change.
“The prices are beginning to increase which we naturally expected as a result of the increase of the price of oil on the international market,”?he told The Nassau Guardian.
“The price of gas is based on the imported price. It also depends on the inventory. So if one ...

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