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09-02-2005, 12:04 PM
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Bronze
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Join Date: Aug 2005
Posts: 7
(10)
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Gas Price: 144 Pesos A Gallon!
Today Friday September 02 the premium gas costs 115 a gallon, the government announced yesterday that all gasoline’s will have a 29 pesos raise. WOW... that's crazy! 5 dollars for one gallon!
"Trascendió que el aumento mañana rondará los RD$29 por galón de todos los combustibles. García habló en una rueda de prensa en el salón Orlando Martínez, en el Palacio Nacional, junto a Roberto Marchena, vocero del gobierno, y Rubén Montás, presidente de la Comisión de Energía."
http://www.hoy.com.do/app/article.aspx?id=53064
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09-02-2005, 01:50 PM
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On Vacation!
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Join Date: Jun 2004
Posts: 1,291
(10)
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It's going to get worse
I imagine how you feel about this, I share this anger. Now just imagine how a Dominican sees this. Putting things in perspective. A Dominican must spend a days salary (10-12 hours) to purchase one stinking gallon of gas! Putting that in perspective, a gallon of gas would cost me over $320.00 US. We don't have it even a small fraction as bad as an average Dominican. Amazing but true.
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09-02-2005, 02:20 PM
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Gold
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Join Date: Jan 2004
Posts: 2,612
(10)
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Quote:
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Originally Posted by DominicanScotty
I imagine how you feel about this, I share this anger. Now just imagine how a Dominican sees this. Putting things in perspective. A Dominican must spend a days salary (10-12 hours) to purchase one stinking gallon of gas! Putting that in perspective, a gallon of gas would cost me over $320.00 US. We don't have it even a small fraction as bad as an average Dominican. Amazing but true.
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I don't understand your math. The way I figure it with the Dominican minimum wage of around 5000 pesos for 176 hours of work that is around 28 pesos/hour. With gas at 144 pesos/gallon, a minimum wage worker must work 5.14 hrs to earn 1 gal. gas. Or taking that 5.14 hors to the USA at $7.35 dollars/hour it comes to $37.78 US per gallon, not the $320 Us you state. But maybe you are doing Dominican New Math.
Last edited by HOWMAR; 09-02-2005 at 02:30 PM.
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09-02-2005, 02:27 PM
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Gold
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Join Date: Jul 2004
Posts: 1,001
(64)
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mistake
Sorry, I misunderstood the relative issues comparing US to DR wages.
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09-02-2005, 02:37 PM
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On Vacation!
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Join Date: Jun 2004
Posts: 1,291
(10)
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Thanks for correcting me
Quote:
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Originally Posted by HOWMAR
I don't understand your math. The way I figure it with the Dominican minimum wage of around 5000 pesos for 176 hours of work that is around 28 pesos/hour. With gas at 144 pesos/gallon, a minimum wage worker must work 5.14 hrs to earn 1 gal. gas. Or taking that 5.14 hors to the USA at $7.35 dollars/hour it comes to $37.78 US per gallon, not the $320 Us you state. But maybe you are doing Dominican New Math.
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Ok HOW, a Dominican must work 5.14 hours to buy a measly gallon of gas. Does that make you feel any better? If it does, then you accomplished something today. Congrats!
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09-02-2005, 02:39 PM
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On Vacation!
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Join Date: Jun 2004
Posts: 1,291
(10)
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Trying to make a realtive point
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Originally Posted by windeguy
Sorry, I misunderstood the relative issues comparing US to DR wages.
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Sorry about my math. I am just trying to point out that an average Dominican must work a long time to buy a gallon of gas. Sorry everyone is confused here. *sigh*
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09-02-2005, 02:41 PM
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Moderator
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Join Date: Jan 2002
Posts: 9,964
(167)
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President Bush said don't buy gas unless you have to. Doesn't everyone buy gas just for the fun of it? 
At those prices who can buy it just for fun?
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09-02-2005, 02:42 PM
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Gold
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Join Date: Jan 2004
Posts: 2,612
(10)
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Quote:
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Originally Posted by DominicanScotty
Ok HOW, a Dominican must work 5.14 hours to buy a measly gallon of gas. Does that make you feel any better? If it does, then you accomplished something today. Congrats!
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The real flaw in this whole exercise is the fact that a Dominican minimum wage earner cannot afford a car, he doesn't have to pay for gas. An American minimum wage earner may still have a car. It maybe a $500 clunker, but he has a car. In the DR you need to be a middle wage earner to have that clunker.
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09-02-2005, 02:46 PM
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On Vacation!
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Join Date: Jun 2004
Posts: 1,291
(10)
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There ya go
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Originally Posted by HOWMAR
The real flaw in this whole exercise is the fact that a Dominican minimum wage earner cannot afford a car, he doesn't have to pay for gas. An American minimum wage earner may still have a car. It maybe a $500 clunker, but he has a car. In the DR you need to be a middle wage earner to have that clunker.
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Good input there HOW
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09-02-2005, 02:48 PM
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Gold
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Join Date: Mar 2003
Posts: 2,078
(70)
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Quote:
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Originally Posted by HOWMAR
The real flaw in this whole exercise is the fact that a Dominican minimum wage earner cannot afford a car, he doesn't have to pay for gas. An American minimum wage earner may still have a car. It maybe a $500 clunker, but he has a car. In the DR you need to be a middle wage earner to have that clunker.
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And if you are a middle wage earner with a clunker, your clunker probably runs on propane.
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