Pump prices fall 20 cents
Saipan residents still reeling from Typhoon Soudelor got welcome news last weekend as pump prices on the island fell 20 cents.
However, there are only two types of fuel being served—regular gasoline and diesel—at all service stations of Shell Marianas and Mobil Oil Marianas Inc.
Prices went down last Friday on Saipan for Mobil first. Regular gas went down from $4.21 to $4.01, while diesel decreased from $4.57 to $4.37. Shell followed shortly after with the same prices.
Mobil earlier said that new fuel shipments had been delivered.
Charles Ewart, president of Mobil Oil Mariana Islands, informed Saipan Tribune earlier that there might be a decrease in gas prices with the new shipment of fuel coming in last week.
The reason for gas price changes was due to the Commonwealth Utilities Corp. not fully utilizing gas for its power plants. So far only Power Plant 4, which provides power to the Commonwealth Health Center, has been utilized.
With the shipment of new fuel, Ewart said Saipan could probably have too much fuel on hand.
Historically, Tinian and Rota gas prices follow an increase and decrease in prices on Saipan.