GUAM SHELL GAS PRICES UP 6 CENTS

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HAGATNA, Guam (Pacific Daily News, May 1) – Starting today, the price of gas at Shell Guam stations will be 6 cents higher.

The adjustment, which took effect at midnight, is the third price increase in the past month for the island.

With the increase, the price of regular unleaded is now US$3.23 per gallon, premium grade is US$3.38 per gallon and diesel is US$3.35 per gallon.

"Shell Guam must again increase our retail price of regular, premium unleaded gasoline and diesel fuel effective close of business April 30," Shell Guam President Ruben Domingo said in a press release yesterday. "Since our last price movement our cost of supply has continued to increase, requiring today's movement."

The last two price increases were by 8 cents per gallon.

It is not known whether SPPC 76 stations or Mobil Oil Guam will also change their prices. Once one oil company shifts its prices, the island's other fuel retailers usually adjust theirs as well.

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