According to Kaieteur News June 4th 2008, the price of gasoline in Guyana is now $1,018 GYD per gallon. To my estimates, that amount equates to $5 USD. In the US, the price per gallon of 87 Octane (low grade) is about $4.13 cents per gallon self serve. As it is, the increase in the US has caused dramatic changes in the way people commute everyday. It is difficult for many of us in the US to drive comfortably as the price on the global market continues to skyrocket. I cannot imagine the situation Guyanese are experiencing right now in Guyana. With the increased cost of food globally and now the price of gasoline, Guyanese living in Guyana stand to suffer even more.
I can only hope that neighboring countries like Venezuela and Trinidad comes to the rescue of Guyana.
www.cgxenergy.ca
May 12, 2008
Oil drilling not likely soon
Stabroek News
Despite the euphoria prompted by a favourable tribunal ruling last year, it is unlikely that drilling for oil in Guyana
