Monday, 22 February 2021 23:34

Fuel reference prices register new increase of US$0.10 and US$0.11

Written by Cindy Moreno

The Ministry of Economy (MINEC) announced that the reference prices for fuels, in effect from February 23 to March 8, 2021, experienced increases for the current fortnight between US$0.10 and US$0.11.

According to the institution, the variations in prices are due to external factors such as: The brake in the production of oil and its derivatives in the United States, due to the cold wave and reductions in inventories of fuels and crude oil, reported by the International Energy Agency (IEA).

The new variations in the reference prices for fuels in the country for this fortnight are as follows:

Also, the Ministry of Economy provided the following recommendations for the population to save fuel:

Adequate routes: by planning your routes and scheduling your departures, you can save from 10% to 35% of fuel.

Accelerate progressively: wait for the engine temperature to stabilize to demand its full power.

Cold start: there is no point in warming up the engine when the vehicle is not moving. Running at idle will only consume fuel.

Alignment and tire pressure: without proper tire pressure and poorly aligned tires wear out faster and force the engine to work harder. When properly maintained, you can save up to 10% of fuel.

Avoid abrupt accelerations and decelerations: if you drive fast, every kilometer over 100 km/h you spend twice as much gasoline: if you drive at 140 km/h you will be spending 80% more than if you were driving at 100 km/h.

It is recommended to refuel early in the morning and at night when the product is cold: in this way you will be refueling when the fuel volume is compressed, thus achieving a greater volume when the product increases its temperature inside the vehicle's tank.

Reduce unnecessary loads: it is not only a matter of space, but the heavier the load, the higher the fuel cost.

Last modified on Monday, 22 February 2021 23:40