2018 Year In Review: Fuel Prices In Barbados

Source: Pixabay

‘Twas the evening before Christmas, when all through the house, not a creature was stirring, except for my computer mouse and the desire to analyze a data set! The spreadsheets were saved with care, in hope that someone would do the analysis for the year! (with apologies to Clement Clarke Moore).

2018 Year In Review

On average, the price of gasoline was $3.64 BDS per litre ($3.09 in 2017).

On average, the price of diesel was $2.91 BDS per litre ($2.31 in 2017).

The average price increase for gasoline was 4 cents (3 cents in 2017).

The average price increase for diesel was 5 cents (4 cents in 2017).

Gasoline, on average, was 73 cents more expensive than diesel (78 cents in 2017).

The price of gasoline was at its lowest in February: $3.29 per litre ($2.78 in January 2017).

The price of diesel was at its lowest in January: $2.57 per litre ($2.13 in June 2017).

Gasoline was at its highest price in July: $3.96 (fuel tax implementation).

Diesel was at its highest price in July: $3.21 (fuel tax implementation).

 

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