No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessGas prices to drop again this week in Costa Rica

Gas prices to drop again this week in Costa Rica

The Public Services Regulatory Authority  (ARESEP) on Monday approved a new decrease in the per-liter price of fuel, the second consecutive one this month.

The approved decrease will mean a ₡43 drop in the price of Super gasoline, a ₡49 decrease for Plus gasoline, and a ₡48 decrease for diesel. Per-liter prices will change from ₡580 to ₡537 ($1.10-1.02) for a liter of Super gasoline, while Regular gasoline will change from ₡552 to ₡503 ($1.04-0.95) and diesel will decrease from ₡522 to ₡474 ($0.99-0.90).

ARESEP approved the new prices by taking into consideration a recent recent drop in the international prices of oil from $70 to $57 a barrel.

The price of cooking gas also will cost less this week, with an 8.5-liter cylinder decreasing from ₡2,725 to ₡2,597.

The new prices will take effect at midnight on the day of publication in the official newspaper La Gaceta. Once approved, prices will be on average ₡103 cheaper than those registered in January 2014.

Prices last year peaked in July when a liter of Super gasoline reached ₡816, with Plus gasoline at ₡788 and diesel at ₡676. Following that month, ARESEP has approved seven consecutive reductions in fuel prices accounting for ₡286 less in Super gasoline, ₡293 for Plus and ₡207 in diesel.

L. Arias
L. Arias
Reporter | The Tico Times |

Weekly Recap

Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance

Latest Articles