The increase came yesterday--very much to the chagrin of consumers.
As someone who commutes with taxis off and on, I was shocked to learn that a short distance that would attract a cost of GHC1.00, or $US1.07, now is GHC1.50! Ofcourse, that might have been an arbitrary price--as taxi drivers are wont to fix--but what's clear is that the price increases are real:
New Petrol Prices Announced
General News - Thu, 01 Nov 2007
THE NATIONAL PETROLEUM Authority (NPA) has announced new prices for petroleum products effective today November I, 2007.
The new prices show an increase in the cost of petrol by 4 per cent.
This means that a litre of petrol will now sell at 97.78Gp from a previous price of 93Gp.
The upward adjustment has become necessary because of the hike in crude oil prices on the world market. The price of crude oil on the world market continues to surge. As at last night, a barrel of crude was selling for $93.38 on the New York Mercantile Exchange.
http://www.modernghana.com/GhanaHome/NewsArchive/news_details.asp?menu_id=1&id=VFZSUk1rNVVVWG89
Too bad for the Ghanaian pocket?
3 comments:
I guess the petrol prices have risen everywhere. They were very high here, too.
Paz
NDP celebrates its first year!
www.novaradailyphoto.blogspot.com
Our gas prices have gone up significantly as well...I am so not amused.
I wish now more than ever we had proper mass transit in jamaica.
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