• 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

Citing efficacy concerns, Costa Rica turns down Sinovac vaccines
Costa Rica
Costa Rica

Citing efficacy concerns, Costa Rica turns down Sinovac vaccines

AFP and The Tico Times - June 17, 2021

Costa Rica declined to purchase Covid-19 vaccines from the Chinese laboratory Sinovac, citing that they are less than 60% effective…

Costa Rica the latest Latin American country facing corruption scandal
Costa Rica
42 views
Costa Rica
42 views

Costa Rica the latest Latin American country facing corruption scandal

David GOLDBERG / AFP - June 16, 2021

A large corruption investigation in Costa Rica, involving a presidential adviser and executives of construction firms, places the country onto…

Exacerbated by pandemic, Costa Ricans face long hospital wait times
Costa Rica
1862 views
Costa Rica
1862 views

Exacerbated by pandemic, Costa Ricans face long hospital wait times

Alejandro Zúñiga - June 16, 2021

The waiting time for a non-emergency surgery at Costa Rica's public hospitals has reached more than 520 days, up considerably…

The Tico Times | Top Costa Rica News, Travel, Culture and Sports