Join discussions on moving to and living in the USVI, ask questions, share info & tips! (Vacationing? Visit Travel Message Board)


what are the price of gas now?

dxphy
March 04, 2014 10:46AM

Registered: 7 years ago
Posts: 158

Heard that gas on stx had a huge price increase.

Re: what are the price of gas now?

Rowdy802
March 04, 2014 10:51AM

Registered: 6 years ago
Posts: 508

Re: what are the price of gas now?

speee1dy
March 04, 2014 11:02AM

Registered: 10 years ago
Posts: 8,600

4.27 WHERE I GET IT

Re: what are the price of gas now?

dxphy
March 04, 2014 11:47AM

Registered: 7 years ago
Posts: 158

4.29 for regular now ?

Re: what are the price of gas now?
avatar

Exit Zero
March 04, 2014 12:07PM

Registered: 10 years ago
Posts: 2,253

STX used to be considerably less expensive for buying gasoline than STT -- I paid $4.49 on STT on Saturday.

Re: what are the price of gas now?

jsc173
March 04, 2014 12:29PM

Registered: 4 years ago
Posts: 13

Not sure if it's affecting the islands but the extraordinarily cold, snowy winter has interrupted gas supplies and prices up north (mainland) are up about 5% from a couple of weeks ago.

Re: what are the price of gas now?

Alana33
March 07, 2014 09:08AM

Registered: 6 years ago
Posts: 11,981

Gas prices shoot up 30 cents or more on St. Croix

ST. CROIX - Motorists on St. Croix may have gotten sticker shock on Monday when they rolled into their favorite gas stations to fill up.

The retail price of gasoline, which at most stations had stayed steady in the $3.97 to $3.99 per gallon range for some time, had skyrocketed at some stations by 30 cents or more in less than 24 hours.

By Monday evening, many - if not most - stations across the island had raised their retail prices to $4.29 per gallon for regular gasoline. The price for premium had also shot up.

Read entire article: [virginislandsdailynews.com]

In STT, we haven't paid less than $4.589 for regular nor seen prices at less than $4.00 in ages so consider yourselves lucky!

Re: what are the price of gas now?

terry
March 07, 2014 11:11PM

Registered: 13 years ago
Posts: 2,547

When I got back to AZ Wednesday the prices here are $3.29
The stations in the USVI make much - much more than stateside stations.

Re: what are the price of gas now?

speee1dy
March 08, 2014 07:53AM

Registered: 10 years ago
Posts: 8,600

you are correct. i think i heard the station owners in the states make less than 10 cents per gallon and the station owners here make about 70 cents?

Re: what are the price of gas now?

Jumbie
March 09, 2014 10:04AM

Registered: 9 years ago
Posts: 677

March 3, 2014 article in VI Daily News on-line
]Under today's adjustments, independent gas station operators in the territory now are paying $3.44 per gallon for regular gasoline, $3.74 per gallon for premium gasoline, and $3.52 per gallon for diesel fuel when they buy their fuel wholesale at HOVENSA. Those prices include the 14-cents-per-gallon tax that the refinery collects for the government.

Markup if selling regular @ $4.27 is $.83/gallon - not $.70/gallon.

Hovensa has been making weekly adjustments to the rack rate so the next adjustment will be made effective tomorrow 3/10/14.

I live in Wadsworth, Ohio now and the price yesterday 3/8 at most stations was $3.61- $3.66/gallon for regular which is up about $.20/gallon during the past week.


Jumbie



Edited 1 time(s). Last edit at 03/09/2014 10:07AM by Jumbie.

Re: what are the price of gas now?

ChrisMI
March 09, 2014 10:20AM

Registered: 5 years ago
Posts: 213

Quote
Jumbie
March 3, 2014 article in VI Daily News on-line
]Under today's adjustments, independent gas station operators in the territory now are paying $3.44 per gallon for regular gasoline, $3.74 per gallon for premium gasoline, and $3.52 per gallon for diesel fuel when they buy their fuel wholesale at HOVENSA. Those prices include the 14-cents-per-gallon tax that the refinery collects for the government.

Jumbie

I'm not a gas station owner, but I assume delivery is not free - it's 3.44 + a delivery charge? Is there also a tax on gasoline like in the states that should also be accounted for, or is gas tax free in the states? Do the stations also owe 6% gross receipts tax on gasoline sales (at 4.60 a gallon, that's 27-28 cents a gallon in gross receipts tax per gallon)?

Re: what are the price of gas now?

Jumbie
March 09, 2014 06:43PM

Registered: 9 years ago
Posts: 677

Quote
ChrisMI
Quote
Jumbie
March 3, 2014 article in VI Daily News on-line
]Under today's adjustments, independent gas station operators in the territory now are paying $3.44 per gallon for regular gasoline, $3.74 per gallon for premium gasoline, and $3.52 per gallon for diesel fuel when they buy their fuel wholesale at HOVENSA. Those prices include the 14-cents-per-gallon tax that the refinery collects for the government.

Jumbie

I'm not a gas station owner, but I assume delivery is not free - it's 3.44 + a delivery charge? Is there also a tax on gasoline like in the states that should also be accounted for, or is gas tax free in the states? Do the stations also owe 6% gross receipts tax on gasoline sales (at 4.60 a gallon, that's 27-28 cents a gallon in gross receipts tax per gallon)?[/quote

Chris M
$3.44/gallon does not include the freight and I don't know what it is currently but it was approx $.08/gallon 2yrs ago. Gross receipts taxes are figured on the sale price the station sells it for. In the states each state has it's own "tax rate" that is added into the price at the pump. So by the time the STX station owner pays freight, gross receipts tax, & WAPA electric bill - that a big bite out of their "margin". (Sell price to customer minus rack rate purchase price).

Jumbie



Edited 1 time(s). Last edit at 03/09/2014 06:44PM by Jumbie.

Re: what are the price of gas now?

Jumbie
March 10, 2014 07:36PM

Registered: 9 years ago
Posts: 677

In today's 3/10/14 VI Daily News --

My 2cents - why bother.adjusting for a penny.

HOVENSA drops price of regular by 1ยข
Daily News Staff)
Published: March 10, 2014

Font size: [A] [A] [A]
Share

ST. CROIX - The wholesale price for regular gasoline inched downward today, while the wholesale rate for premium went up as HOVENSA adjusted its rack rates.

The changes will lower the rack rate - the price of fuel purchased wholesale at the HOVENSA truck-loading station on St. Croix - for regular gasoline by a penny per gallon and will raise the rack rate for premium gasoline by 7 cents per gallon. The wholesale price of diesel fuel did not change.

Under today's adjustments, independent gas station operators in the territory now are paying $3.43 per gallon for regular gasoline, $3.81 per gallon for premium gasoline, and $3.52 per gallon for diesel fuel when they buy their fuel wholesale at HOVENSA. Those prices include the 14-cents-per-gallon tax that the refinery collects for the government.

Jumbie

Join the discussion. Click the button below to Login or Register now!

Click here to login

  • Blue Ocean Transport

Moving to the U.S. Virgin Islands?

Settlers Handbook
Only $17.95

The Settlers Handbook for the U.S. Virgin Islands is your guide to moving to St. Croix, St. Thomas, St. John and Water Island.

The current 18th Edition, released in January 2016, will help you explore your dream of island living. A solid reference book, it was first published in 1975. That's 40 years of helping people move to the islands. A must read. Order today.

Order Today

Advertise

Join VIMovingCenter.com Today!

Tell prospective and current residents about your business.

Learn More →

Sister Sites

VITraders

USVI Books & Souvenirs

VInow

USVI Vacation Guide

Living in de V.I.

USVI Relocation DVD

Proud Supporter

VI Olympic Team

For over 45 years, the Virgin Islands has celebrated the Olympic tradition by sending our athletes to compete.

Learn More →