Gasoline prices in Cuba’s informal market have reportedly hit 900 pesos per liter, signaling a further escalation of the country’s ongoing inflation crisis. This dramatic increase continues to drive up the cost of living, affecting both everyday consumers and transporters across the island.
A recent Facebook post by William Sosa highlighted the situation, noting that the price of gasoline remains unstable, regardless of the currency used. “If you don’t guarantee a stable supply, it will all just be business,” he wrote, sharing a screenshot of an advertisement offering 30 liters of gasoline for 900 pesos per liter.
Similarly, Yoendi Vidor posted in the “Karpaty for Sale in Las Tunas” Facebook group, offering 20 liters of gasoline for 1,000 pesos, with a discount for bulk purchases. Another ad in the “Motores Las Tunas” group showed Claudia Peña selling 17 liters for 900 pesos each. María Hernández also posted on Facebook this past Sunday, offering 20 liters at the same price.
The rise in gasoline prices comes amid an ongoing energy crisis that has further strained the Cuban population. Last December, activist Johanna Jolá Álvarez raised alarm on social media, reporting that black market gas prices were reaching alarming levels, while long lines at official gas stations became a common sight.
“I was just offered gasoline at 700 pesos per liter. I was left speechless. What a terrible reality we are living in!” Jolá Álvarez wrote in her post, using emojis to express her shock and frustration.
Just one month later, the price of gasoline has surged to 900 pesos per liter, with some reports indicating prices have reached as high as 1,000 pesos.
Related Topics: