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DLCA Order Sets Forth Procedure for Increasing Fuel Prices

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Pursuant to Virgin Islands law, the Commissioner of the Department of Licensing and Consumer Affairs hereby sets forth the procedure to be followed by all wholesalers and retailers of gasoline and diesel fuel in the territory as a pre-requisite to increasing their fuel prices. Accordingly, it is hereby

ORDERED, that effective Sept. 14, 2018, all wholesalers of gasoline, gas stations and marine service stations on the islands of St. Croix, St. Thomas and St. John shall only be permitted to increase their prices of gasoline and diesel fuel after submitting a written request to the Department showing the date of delivery, amount of the proposed increase, along with submission of an invoice evidencing the increased prices, and after receiving approval from same; and it is further

ORDERED, that any wholesaler or retailer of gasoline and diesel fuel wishing to further petition the Department for an increase above the amount authorized, may do so presenting invoices and other evidence justifying the proposed increased amount; and it is further

ORDERED, that additional increases shall not be permitted without the written authorization of the Department; and it is further

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ORDERED, that any increase without the written authorization of the Department, shall result in a fine of Two Hundred Dollars ($200.00) per day for such violation, and it is further
ORDERED, that any increase above the amount authorized, shall result in a fine of Two Hundred Dollars ($200.00) per day for such violation; and it is further

ORDERED, that in the case of continued violations, the Department shall use all legal remedies available to it, including the initiation of proceedings for the revocation of the entity’s business license(s); and it is further

ORDERED, that this Order shall remain in effect until March 14, 2019.

The Department of Licensing and Consumer Affairs stands ready to assist all wholesalers and retailers of gasoline and diesel fuel in the Virgin Islands in this process. You may call the Legal Division or the Office of the Commissioner at (340) 714-3522 in St. Thomas and (340) 713-3522 in St. Croix.

Dated: Sept. 14, 2018. Commissioner Devin Carrington Esq., V.I. Department of Licensing and Consumer Affairs

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