{"id":61774,"date":"2021-04-20T00:00:00","date_gmt":"2021-04-20T00:00:00","guid":{"rendered":"https:\/\/www.beirut.com\/61774\/gasoline-prices-up-by-66-over-past-5-months"},"modified":"2023-11-23T11:04:38","modified_gmt":"2023-11-23T11:04:38","slug":"gasoline-prices-up-by-66-over-past-5-months","status":"publish","type":"post","link":"https:\/\/www.beirut.com\/en\/61774\/gasoline-prices-up-by-66-over-past-5-months\/","title":{"rendered":"Gasoline Prices Up By 66% Over Past 5 Months"},"content":{"rendered":"As subsidies are gradually eased and fuel and diesel continue to be smuggled out of the country, Lebanon has seen a sharp increase in the prices of these commodities. <br \/>  <br \/>  According to <a href=\"https:\/\/elgherbal.org\/\" target=\"_new\" rel=\"noopener\">El Gherbal Initiative<\/a>, gasoline prices have increased by 66% over the past 5 months. Similarly, diesel fuel prices also witnessed at 77% increase, and now stand at 27,300 L.L per 20 liters. <br \/>  <br \/>  <iframe title=\"Embedded Instagram Post\" allowtransparency=\"true\" allowfullscreen=\"true\" frameborder=\"0\" height=\"532\" data-src=\"https:\/\/www.instagram.com\/p\/CNHogJlsPnn\/embed\/\" scrolling=\"no\" style=\"background: white; max-width: 540px; width: calc(100% - 2px); border-radius: 3px; border: 1px solid rgb(219, 219, 219); box-shadow: none; display: block; margin: 12px 0px 12px !important; min-width: 326px; padding: 0px;\"><\/iframe><br \/>  These prices continue to rise weekly and due to a combination of smuggling and price manipulation, stations have been imposing limits as to how much gasoline can be filled while others decide to close. Currently, the fuel subsidies have been eased from the pre-existing 90% to 85% &#8211; and that is expected to continue as the Central Bank&#8217;s dollar reserves dwindle. ","protected":false},"excerpt":{"rendered":"<p>As subsidies are gradually eased and fuel and diesel continue to be smuggled out of the country, Lebanon has seen a sharp increase in the prices of these commodities.<\/p>\n","protected":false},"author":0,"featured_media":432531,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","_preview_accessed":0,"_lftp_listicle_injection":"","footnotes":""},"tags":[],"media-embed-type":[],"class_list":["post-61774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"authorship":[72],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gasoline Prices Up By 66% Over Past 5 Months<\/title>\n<meta name=\"description\" content=\"As subsidies are gradually eased and fuel and diesel continue to be smuggled 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