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INSIDECOSTARICA.COM | COSTA RICA  NEWS |     Wednesday 13 July 2011

First Gasoline Price Drop Takes Effect Today

The first of what is hoped to be a series of drops in gasoline prices took effect this morning, when gasoline retailers changed their prices downwards on super and regular gasoline, while increasing the price of diesel.

The drop was approved last week by the Autoridad Reguladora de los Servicios Públicos (Aresep), which is currently reviewing the possibility of more drops in the coming months.

This morning a litre of super gasoline costs ¢712 colones, ¢28 less than yesterday; a litre of regular ¢691, 35 less; while a litre of diesel sells for ¢653, an increase of ¢26 over the day before.

Natural gas and aviation fuels also dropped.

This is the first price drop for the year after a series of increases brought prices to record levels.

Gasoline prices in Costa Rica are regulated, the Aresep fixing the price which is applied at all gasoline stations across the country, who buy fuel products from the Refinadora Costarricense de Petroelo (Recope) - the state refinery that in effect does not refine anything, rather it imports finished gasoline products from abroad.


 
 

 

 
 
 
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