The General public is hereby informed that, effective, Monday 18th, June 2012, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows: Grenada: Products Old Price New Price Gasoline $17.05/IG $15.85/IG Diesel $15.67/IG $14.64/IG Kerosene $12.93/IG $11.87/IG L.P.G (Cooking Gas): 20 lbs Cylinder $45.00 $45.00 100 lbs Cylinder $278.25 $261.55 Bulk $2.84/lb $2.67/lb Carriacou Products Old Price New Price Gasoline $17.21/IG $16.01/IG Diesel $15.83/IG $14.80/IG Kerosene $13.10/IG $12.04/IG L.P.G (Cooking Gas): 20 lbs Cylinder $54.00 $54.00 100 lbs Cylinder $301.25 $284.55 Bulk $2.84/lb $2.67/lb Petite Martinique: Products Old Price New Price Gasoline $14.20/IG $13.00/IG Diesel $12.82/IG $11.79/IG Kerosene $13.10/IG $12.03/IG The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 14th May, 2012 to 13th June, 2012. It important for the public to understand petroleum prices are likely to remain high. Consumers are urged to act wisely by conserving and using energy efficiently. Furthermore, consumers are encouraged to immediately notify the Price Control/Consumer Affairs Unit in the Ministry of Finance of any instance of overpricing at telephone number 440-1369.