Barbados Fuel Price Change for September 2022 – caribbeansignal.com


Fuel Pumps
Source: Pixabay

Consumers paid less for gasoline and more for diesel, effective midnight September 14 2022.

The price of gasoline fell from $4.39 BDS per litre to $4.26 ($0.13 / 3% decrease from the second price change in August 2022). In contrast, the price of diesel rose from $3.85 BDS per litre to $3.94 ($0.09 / 2.3% increase from the second price increase in August 2022). Source: Barbados Government Information Service.

The rest of this article will explore the September 2022 price change in five charts and one table.

Table 1 Below: The impact of the September 2022 fuel price change (compared to August) on vehicles with fuel tank sizes ranging between 30 and 90 litres (with increments of 2 litres).

Fill up table Aug 18 vs Sep 14 2022 for gasoline and diesel.
Table 1: Fill up table for Gasoline and Diesel, August 18 vs. September 14

Using Table 1 above, assume vehicle with a 50 litre capacity. It would have costed $219.50 BDS to fill it up with gasoline after the August 18 price change took effect. Following the September 14 price change, the price to fill up would have dropped to $213.00. A savings of $6.50.

Chart 1 Below: Month over Month % Retail Price Variance for Gasoline from January to September 2022.

MoM $ Price Variance for Gasoline

Chart 2 Below: Month over Month % Retail Price Variance for Diesel from January to September 2022.

MoM % variance for diesel for 2022
Chart 1 – Month over Month % Variance for Gasoline Prices

Chart 3 Below: Retail Prices for Gasoline and Diesel in Barbados from January 2015 to September 2022 (click image to enlarge).

Gasoline and Diesel prices from Jan 2015 to Sep 2022
Chart 3 – Gasoline and Diesel Prices from Jan 2015 to Sep 2022 (click to enlarge)

Chart 4 Below: Retail Prices for Gasoline and Diesel in Barbados showing the months of Sep 2015 to 2022.

Gasoline and Diesel price changes Sep 2015 to Sep 2022 months.
Chart 4 – Gasoline and Diesel September prices 2015 to 2022

Chart 5 Below: Retail Price difference for Gasoline and Diesel in Barbados for September 2022.

Retail price difference between gasoline and diesel, Jan 22 to Sep 22
Chart 5 – Retail Price Difference Between Gasoline and Diesel Jan ’22 to Sep ’22

caribbeansignal.com is the personal blog of Amit Uttamchandani. The content of this post does not represent the views, beliefs, opinions, et cetera, of Amit’s employers or associates (past, present or future).





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