Worry about Syria expected to up fuel costs by NT$0.7
By John Liu, The China PostTAIPEI, Taiwan -- Concerns over a potential U.S.-led intervention in Syria is likely to drive gasoline and diesel prices up by NT$0.7 on Sept. 2, resulting in domestic fuel prices going up for the third consecutive week.
August 31, 2013, 12:03 am TWN
After the adjustment, CPC will be selling its 92-grade unleaded gasoline for NT$34.7 a liter, 95-grade for NT$36.2 and 98-grade gasoline for NT$38.2. The price of super diesel will increase to NT$33.6 per liter. With the price increase, filling the tank will cost extra NT$30.
The 95-grade price of NT$36.2 is very close to the record high of NT$36.4 made in February. The actual price adjustment, however, can only be certain when CPC make the price announcement at noon on Sept. 2.
The U.S. may soon launch an attack on Syria in response to a chemical weapons attack in Syria.
The CPC's website showed on Thursday that the 70-percent Dubai and 30-percent Brent crude index averaged US$112.05 per barrel, up US$3.68 from last week's US$108.37.
It is recommended that people fill up gas tanks before next Monday. Fuel prices rose NT$0.2 per liter this week, and last week's fuel prices increased NT$0.3 per liter, while diesel increased NT$0.4 per liter.