{"id":272687,"date":"2011-01-03T23:47:21","date_gmt":"2011-01-03T23:47:21","guid":{"rendered":"http:\/\/www.ghanamma.net\/?p=44500"},"modified":"2011-01-03T23:47:21","modified_gmt":"2011-01-03T23:47:21","slug":"fuel-prices-go-up-2","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/","title":{"rendered":"Fuel Prices Go Up!"},"content":{"rendered":"<p><a rel=\"attachment wp-att-44501\" href=\"http:\/\/www.ghanamma.net\/2011\/01\/03\/fuel-prices-go-up-2\/fuel\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-44501\" title=\"fuel\" src=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg\" alt=\"fuel\" width=\"230\" height=\"230\" \/><\/a>The National Petroleum Authority  (NPA) on Monday adjusted petroleum prices with effect from Tuesday  January 4, citing the rise of crude oil on the world market.<br \/>\nGas oil and gasoline were increased by 30 per cent in the ex-pump price while Liquified Petroleum Gas rose by 25 per cent.<br \/>\nMr  Alex Mould, Acting Chief Executive Officer of NPA who made this known  in an encounter with the media in Accra listed the new prices as  follows: Petrol, GHp152.07 from GHp116.98 per litre; Diesel, GHp153.46  from GHp118.05 per litre and LPG, GHp104.76 from GHp83.81 per  kilogramme.<br \/>\nHe said the prices of Kerosene and Premix fuel, however remained the same.<br \/>\n\u201cThese changes to the ex-pump price are inevitable due to the constant rise to crude oil on the world market,\u201d he explained.<br \/>\nMr  Mould said from a modest $75 per barrel price that the country enjoyed  14 months ago, prices of crude had soared to $92 per barrel mark in  December, 2010.<br \/>\n\u201cThe obvious spread which is about 23 per cent has necessitated a rise to the ex-pump price.<br \/>\n\u201cThere are some other contributing factors to why ex-prices are going up in the regions of between 25 per cent and 30 per cent.<br \/>\n\u201cOne  of these factors is the TOR (Tema Oil Refinery)  debt recovery levy  which Parliament approved before Christmas. The objective will be to  retire debts owed by the country&#8217;s only refinery.<br \/>\n\u201cThe  levies have gone up from 2-8 pesewas per litre for petrol and 2.5  pesewas per litre on Diesel. Secondly, Distribution margins have also  gone up by 4 per cent with BOST (Bulk Oil Storage and Transport Company  Limited) margins are also up from GHp 2.25 per litre to GHp3 per litre  and Primary Distribution Margins are also up by 2.5 per litre from 1.0  per litre.\u201d<br \/>\nMr Mould said marketers and dealers in the  petroleum industry had moved their margins up, explaining that after  studying their numerous proposals the NPA approved their upward  adjustment to GHp10.48 per litre from GHp8.28 per litre.<br \/>\n\u201cThe  increase in the margins for the dealers and marketers is expected to  meet their rising cost operations, improve service delivery and  efficiency,\u201d he said.<br \/>\nMr Mould said the authority would  continue to ensure stiffer regulations in the industry to ensure equal  benefits to the consumer who was at the receiving end of these  increases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Petroleum Authority (NPA) on Monday adjusted petroleum prices with effect from Tuesday January 4, citing the rise of crude oil on the world market. Gas oil and gasoline were increased by 30 per cent in the ex-pump price while Liquified Petroleum Gas rose by 25 per cent. Mr Alex Mould, Acting Chief Executive [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-272687","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fuel Prices Go Up! - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Fuel Prices Go Up! - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The National Petroleum Authority (NPA) on Monday adjusted petroleum prices with effect from Tuesday January 4, citing the rise of crude oil on the world market. Gas oil and gasoline were increased by 30 per cent in the ex-pump price while Liquified Petroleum Gas rose by 25 per cent. Mr Alex Mould, Acting Chief Executive [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Fuel Prices Go Up!\",\"datePublished\":\"2011-01-03T23:47:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/\"},\"wordCount\":380,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/\",\"name\":\"Fuel Prices Go Up! - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg\",\"datePublished\":\"2011-01-03T23:47:21+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage\",\"url\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg\",\"contentUrl\":\"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fuel Prices Go Up! - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/","twitter_card":"summary_large_image","twitter_title":"Fuel Prices Go Up! - Ghanamma.com","twitter_description":"The National Petroleum Authority (NPA) on Monday adjusted petroleum prices with effect from Tuesday January 4, citing the rise of crude oil on the world market. Gas oil and gasoline were increased by 30 per cent in the ex-pump price while Liquified Petroleum Gas rose by 25 per cent. Mr Alex Mould, Acting Chief Executive [&hellip;]","twitter_image":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/"},"author":{"name":"","@id":""},"headline":"Fuel Prices Go Up!","datePublished":"2011-01-03T23:47:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/"},"wordCount":380,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/","url":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/","name":"Fuel Prices Go Up! - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage"},"thumbnailUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg","datePublished":"2011-01-03T23:47:21+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/01\/03\/fuel-prices-go-up-2\/#primaryimage","url":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg","contentUrl":"http:\/\/www.ghanamma.net\/wp-content\/uploads\/2011\/01\/fuel.jpg"},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/272687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=272687"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/272687\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=272687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=272687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=272687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}