Gas Prices Soar and Diesel Drops Significantly in Latest Update

Wednesday, 18 September 2024, 16:08

Gas prices have soared by $0.25, while diesel prices have decreased by $0.91, affecting motorists' budgets this September. This dynamic shift impacts the overall economic landscape. Read on to understand the implications of these changes on fuel costs.
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Gas Prices Soar and Diesel Drops Significantly in Latest Update

Latest Fuel Price Changes

As of September 19, motorists will encounter an increase of $0.25 in gasoline prices, according to Petrojam's latest ex-refinery costs. In a contrasting trend, diesel prices have seen a notable drop of $0.91.

Economic Implications

  • Gasoline price increase affects consumer spending.
  • Diesel price drop may benefit industries reliant on transport.
  • Overall impact on inflation and economic activities.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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