Regulator addresses fuel price increase message circulating
The Utility Regulation and Competition Office addressed a message currently circulating that claims retail fuel prices will increase to $7.00 per gallon this week and urges motorists to rush to filling stations.
The regulator said that this information is not accurate and misleading.
“While we do anticipate price increases soon, there is currently no indication that retail fuel prices will increase to that drastic level in the immediate term. Consumers are encouraged to rely on official communications and reputable sources for accurate information and to avoid unnecessary panic buying,” the Utility Regulation and Competition Office (URCO) stated. For a more complete summary of the story, please see the below link:
Published on: Mar 17, 2026 05:16 PM