Cielo Vista

Regulatory Authority approves lower prices for most fuels

April 27, 2015

Following an increase approved earlier this month, the Public Services Regulatory Authority (ARESEP) on Friday authorized a new reduction in the prices of diesel, “Super” gasoline and cooking gas.

The U.S. Energy Information Administration reported an increase in fuel production at refineries in that country that directly influenced international prices, ARESEP’s Energy’s Administration said Monday.

The price decree already was sent for publication in the official newspaper La Gaceta, meaning new prices could take effect later this week.

The decrease, however, is minimal because international prices represent less than 50 percent of the final price motorists pay here. The remaining part corresponds to taxes and profit margins.

Motorists who use diesel will benefit the most, as they will save ₡22 on each liter. Diesel will drop from ₡500 to ₡478 ($0.93 – $0.89).

The price for Super gasoline will decrease by only ₡1, from ₡601 to ₡600, while “Plus” gasoline will increase by ₡1, from ₡574 to ₡575, due to variations on the other items taken into consideration for the price calculation.

A liter of cooking gas will cost ₡8 less, and the final price will depend on the size of the cylinder.

The increase approved earlier this month was the second this year, following eight consecutive price cuts approved between July 2014 and February 2015.

Facebook Comments

You may be interested

Ballet Festival 2019 part of Costa Rica’s flourishing dance scene
Arts & Culture
39 views
Arts & Culture
39 views

Ballet Festival 2019 part of Costa Rica’s flourishing dance scene

Jacob Spetzler - May 24, 2019

A convergence of international ballet classes, performances and meetings manifests this week in the form of the Costa Rican Festival…

Tico wins gold medal at Para Athletics Grand Prix
Costa Rica
17 views
Costa Rica
17 views

Tico wins gold medal at Para Athletics Grand Prix

Alejandro Zúñiga - May 24, 2019

When Sherman Güity lost part of his left leg after a traffic accident in 2017, he pledged to return to…

USNS Comfort mission to stop in Costa Rica this year
Costa Rica
34 views
Costa Rica
34 views

USNS Comfort mission to stop in Costa Rica this year

Alejandro Zúñiga - May 24, 2019

Costa Rica will receive the USNS Comfort, a United States Navy hospital ship, as part of the vessel's five-month medical…

Do NOT follow this link or you will be banned from the site!