The general public is informed that effective Saturday, 18 March 2023, the retail prices of petroleum products (Gasoline, Diesel, Kerosene, and Liquified Petroleum Gas (LPG), commonly known as Cooking Gas, in the State of Grenada will be as follows:
GRENADA, CARRIACOU, AND PETITE MARTINIQUE
| Product | Old Price | New Price |
| Gasoline | $15.31/IG | $15.59/IG |
| Diesel | $16.27/IG | $15.50/IG |
| Kerosene | $15.55/IG | $12.94/IG |
GRENADA
| LPG (Cooking Gas) | Old Price | New Price |
| 20 lb Cylinder | $40.00 | $40.00 |
| 100 lb Cylinder | $291.20 | $265.75 |
| Bulk | $3.00/lb | $2.75/lb |
CARRIACOU AND PETITE MARTINIQUE
| LPG (Cooking Gas) | Old Price | New Price |
| 20 lb Cylinder | $49.00 | $49.00 |
| 100 lb Cylinder | $314.20 | $288.75 |
| Bulk | $3.00/lb | $2.75/lb |
Notes:
- Effective 18 January 2023, a petrol tax of $3.50 is charged per imperial gallon (IG) of gasoline and diesel
- Effective January 18, 2023, the price cap of $15.00 on petroleum products has expired. The Ministry of Finance continues to monitor petroleum product prices and will intervene as necessary if prices exceed $17.00
- Petroleum Product Prices of Gasoline, Diesel, and Kerosene within the tri-island State of Grenada are now fully harmonised in line with statements made by the Minister of Finance in the 2023 Budget Speech
- The new retail prices are computed based on the average of actual freight and insurance rates and the mean of Caribbean postings (TRINTOC/STASCO) for the period 9 February 2023 to 9 March 2023
- Petroleum products are price-controlled goods, and therefore, no retailer shall vary the prices stated
Consumers are strongly encouraged to immediately notify the Price Control/Consumer Affairs Unit in the Ministry of Legal Affairs of any instance of overpricing at telephone number 440-1369.
GIS
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The new price for gasoline must be wrong. Everything else has gone down.