April 02, 2013

LPG prices to be reduced


Petron Corp. and Total Philippines both slashed prices of cooking gas by P3 per kilogram. This means that the price of an 11-kg LPG cylinder may be reduced by as much as P33. Petron likewise slashed prices of its auto LPG products by P1.88 a liter, but had jacked up the price of premium gasoline by 35 centavos a liter.

Data from the Department of Energy showed that prior to this week’s oil price adjustments, diesel prices ranged from P38.25 to P41.19 a liter; gasoline products from P48.30 to P54.59 a liter; auto LPG, from P28.87 to P32.12 a liter; and an 11-kg LPG tank from P636 to P775.