Gas Prices in Haiti

There is a strange situation happening in Haiti right now. Fuel pumps refilled with gasoline diesel one day are said to be empty the next day. Consumers are complaining that many of these fuel pumps are selling gas in the black market.

The same gas pumps who are turning away consumers turn around and sell to black market resellers in drums so they can extort unsuspecting consumers with exorbitant prices.

While the Haitian government said it is illegal to sell gasoline in gallons in Haiti right now, the same thing keeps happening right in front of the authorities.

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Haitian motorists are still having difficulty finding gasoline and diesel to put in their vehicles in order to move about the country.

Although the Haitian government announces that gasoline and diesel is available for delivery, fuel truck drivers are cautious about their safety. They want police escorts in order to make deliveries to the pumps.

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Did you know? Every time you purchase a gallon of gasoline in Haiti, the Haitian government loses 89 gourdes ($0.95 US dollars)

Every time someone purchases a gallon of Diesel in Haiti, the government loses 71 Haitian gourdes (0.76 US dollars)

How some the government is loosing money?

It's a simple answer, the Haitian government has been subsidizing fuel for a long time. Add to that the Haitian currency that has lost all its value compared to the US dollar, the currency used to pay for imported petroleum products.

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Haitian importers of petroleum products (gasoline, diesel and kerosene) announced in a letter to the Minister of Economy and Finance, dated May 29, 2019, that their oil companies will soon no longer be able to supply Haiti with these products.

The letter said "oil companies will soon be unable to ensure fuel supply in Haiti" partly because their financial situation of these oil companies has worsened "due to the increase in the price of oil on the international market and the continued depreciation of the Haitian currency."

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Haitian motorist are still complaining about a shortage of fuel, mainly gasoline and diesel, for the second week in a row in Haiti.

Fuel pumps across the country are loaded with motorcycles, cars and people with containers trying to get some gas.

Meanwhile, in the streets, motorists find themselves obliged to buy fuel in the black market for exorbitant amount of money.

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There is a new fuel shortage many parts of Haiti this first week of April 2019. Men with drums of gasoline and diesel are beging to line up in the streets to sell at black market prices.

the National Association of distributors of petroleum products (ANADIPP) sais Tuesday a cargo of diesel is currently being unloaded and that for several days, a boat filled with gasoline is in the harbor from Port-au-Prince without being able to dock, according to Le Nouvelliste.

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Ouanaminthe Haiti - The mayor of the city of Ouanaminthe has decided to ban the informal sale of gasoline, diesel and other petroleum products in the streets.

It is common practice to see the gasoline and diesel being sold in plastic drums by the gallon right in front of gas pumps as soon as there is a gas shortage, gas that is purchased at that same pump and stores for black market opportunities.

In a statement dated Sunday, March 3, 2019, city mayor Luma Démétrius and vice Delegué Arold Joseph have formally banned gas pump owners from selling petroleum products in large containers to small retailers.

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Gas shortage is the hottest topic in Haiti right now but did you know? While Haitians are lined up at the pump hoping and praying for some gas, ships loaded with gas and diesel have been sitting out in the bay of Port-au-Prince unable to offload... Why? Keep on reading...

According a Miami Herald article, The Monetization Office of Development Assistance Programs (BMPAD), the only authority that can import fuel into Haiti, has exceeded its credit with Novum Energy, the only company they can order from right now. Because of that, Gas is delivered in Haiti C.O.D. -- Cash on Delivery!

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I just found out, premium gas does nothing for your car except cost you more money! I just read on the Federal Trade Commission's web site that buying premium gasoline instead of regular is a big waste of money! Read this...

Paying a Premium for High Octane Gasoline?

Don't spend the money on high octane gas. In most cases, there's no benefit. Higher octane helps only if you have problems with your engine "knocking."

Unless your engine is knocking, buying higher octane gasoline is a waste of money. Premium gas costs 15 to 20 cents per gallon more than regular. That can add up to $100 or more a year in extra costs.

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A Miami Herald article blames the Haitian government for what happened last weekend. Haitian officials knew any decision to raise gas prices at the pump in Haiti would be on popular but they did it anyway, the article says.

The Haitian government was hoping that Haiti's obsession with soccer would appease their decision to raise gas prices. It did not. It was a badly miscalculated desicion, the article says

Read the article here from the Miami Herald.

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