Surge in fuel prices may set back Boracay recovery

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Although rising fuel prices are a trend both nationwide and globally, the Malay municipal government will look into the reasons behind soaring prices of petroleum products in Boracay.

Gasoline in Boracay has reached P89 to P92 per liter, while diesel hovers around P72 to P73.

Boracay's fuel prices are even higher than the October 22 rates of petroleum products in Zamboanga City, said to be the highest in Mindanao. The mayor fears that developments on the fuel front could set back the recovery of many businesses at a time when the island, considered one of the world's top beach destinations,Boracay resident Shallah Pelayo pointed out that their gasoline supply needs to be hauled from the Malay mainland to the island.

 

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