• Costa Rica Coffee Guide

Gas Prices Decrease 5.9% Today

May 20, 2005

THE Public Services RegulatoryAuthority (ARESEP) this weekannounced a 5.9% reduction in gas pricesand a 6.2% reduction for diesel.The prices take effect today, accordingto a statement from the National OilRefinery (RECOPE).The new rate for regular gasoline is¢381 ($0.80), down from ¢405 ($0.85).super has dropped from ¢424 ($0.89) to¢399 ($0.84), and diesel from ¢305($0.64) to ¢285 ($0.60).The reduction is the result of a governmentrequest to make a quick decisionto reduce prices based on internationaltrends toward lower petroleum prices.Vice-President Lineth Saboríoannounced at a press conference Saturdaythat the government, through RECOPE,would ask ARESEP to consider lowerprices based on a steady decline of petroleumprices on the international marketover the past 15 days. The request wasmade on Monday.She also said the government wouldask ARESEP to hasten its consideration ofthe request. Normally, the authority takes15 days to resolve such requests.This is the first decrease in gas pricesthis year and follows three increases,including one of 10%.Saborío said one reason for a quickdecision is that “with every day that passes,Costa Ricans’ wallets are hit harder.”

You may be interested

Surge in young migrant border arrivals poses challenge for United States
Central America
3741 views
Central America
3741 views

Surge in young migrant border arrivals poses challenge for United States

Laura BONILLA / AFP - March 6, 2021

Thousands of minors without papers are arriving at the US border with Mexico, presenting President Joe Biden with a potentially…

Six arrested in Costa Rica with 1.1 metric tons of cocaine
Costa Rica
1437 views
Costa Rica
1437 views

Six arrested in Costa Rica with 1.1 metric tons of cocaine

AFP and The Tico Times - March 6, 2021

Costa Rican authorities seized 1.1 metric tons of cocaine and detained six men — four Colombians and two Costa Ricans…

One year after first case, Costa Rica to broadcast Covid memorial
Costa Rica
1226 views
Costa Rica
1226 views

One year after first case, Costa Rica to broadcast Covid memorial

The Tico Times - March 5, 2021

Costa Rica confirmed its first coronavirus case on March 6, 2020. By the end of the month, the country had…