6 The Virgin Islands Daily News VIRGIN ISLANDS Monday, July 29, 2013 5 i . : a . ‘ HOVENSA cuts price | _ Made and grown in the V.I. for reaqular by 4 cents |. —— SS Se er) ale O r * ey ; oh a3: a. % ae H qe pene foeh py g Ha : “ + 42 os — i Y ai er x \- . BH jars ie Ag a2 iy , Sex dig |} ; Sa = i ih diy? sist é je i ry . gst See ene, . Daily News Staff Ys A ‘ae NY anc f ro i aa. aes ae. i ee Se ii: eae oe eh = es = Independent gas te re | i oe A, 5 :, ye i ST. CROIX — After two weeks : a eee a loa oY | ae <5 oe ee £2 of significant increases in wholesale peuen erate ea Ice 2% he A a Ba a) ec ee | “Sealers pe = NE gasoline prices in the territory,some _—‘ the territory now are ; i eo. ix Ki a @ ) > Soe Bui: faa 7 4 = a of the prices slipped slightly down- paying $3.45 per gallon ae | eee {PoreeV ey, { rnd i flap meg | ae | G : ward today as HOVENSA adjusted ‘ . eee," Re Bega i i 7 x Oe pte Va Sp its rack rates. for regular gasoline —-) ee ee Py ) is Wee The changes lowered the rack lee Vinge tM Sk oS igs ee eee Ea a ae aga 8 rates — the price of fuel purchased . © The rack rates influence retail = i AA es SES | | S| Se es Ta Ol wholesale at the HOVENSA tuck- gasoline prices in the territory ee aes ES Sere EGE, f a Sane i = loading station on St. Croix— for because independent gas station a (ced: in| Acar f fi mor es ae it a regular gasoline by 4 cents per gal- operators can buy their gasoline at ; = 2. a | i gt! tee if ee. ee. Fee rot YE lon and for premium gasoline by a __ the lading station, then resell it to ; si 2 q pee fy <8 oT ee e > penny per gallon, while diesel fuel their customers. The new rates are i . SSS 5 | { P| i if | ies, Gages ee acs ike Re | increased by 4 cents per gallon. effective through Sunday. pe} ; i ree a | aa ii Pi t gree , —— ' Under today’s adjustments, inde- On the retail side, average retail #| an | | a ai lk Ui Pes wc) BY a fe ’ pendent gas station operators in the gasoline prices in the U.S. on fs cre! a ae ot a iy Ug | ee territory