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The Home Journal
Charlotte Amalie, Saint Thomas County, Virgin Islands
What is this article about?
The Office of Price Stabilization announced a reduction in the retail price of gasoline on St. Thomas to 33 cents per gallon, effective September 16, 1952, due to bulk importation efficiencies. Further reductions in kerosene and diesel fuel prices are expected soon.
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The Office of Price Stabilization announced today that effective Tuesday, September 16, 1952, the retail price of gasoline sold on the Island of St. Thomas will be 33¢ per gallon. The new ceiling represents a reduction of two cents per gallon over the previous price.
OPS stated that the decrease in price is due in part to economies resulting from importation of gasoline and other petroleum products in bulk to St. Thomas, in lieu of in drums, as was the former practice.
Reductions in the price of Kerosene and Diesel Fuel Oil are expected shortly.
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Where did it happen?
Domestic News Details
Primary Location
Island Of St. Thomas
Event Date
September 16, 1952
Outcome
retail price reduced to 33¢ per gallon from previous price; reductions in kerosene and diesel fuel oil expected shortly.
Event Details
The Office of Price Stabilization announced a two-cent reduction in the retail price of gasoline to 33¢ per gallon, effective September 16, 1952, due to economies from importing in bulk instead of drums.