ARESEP Approves Lower Gas Prices
Consumers of regular and super gasoline will soon pay about 3% less at the pump thanks to the Public Services Regulatory Authority (ARESEP) Tuesday approving gas price reductions requested by the National Oil Refinery (RECOPE) last week.
The price of one liter of super gas will drop from ¢597 ($1.15) to ¢580 ($1.12), and the price of one liter of regular gas will be reduced from ¢573 ($1.10) to ¢553 ($1.06), according to a statement from ARESEP. This reduction means a 2.9% decrease in the price of super gas and a 3.5% decrease in the price of regular gas.
These price adjustments reflect changes in gas prices on the international market and the fluctuation of the colón’s exchange rate.
The lower prices will go into effect as soon as they are published in the official government daily La Gaceta. ARESEP sent the resolution to the Government Printer Wednesday, the statement said.
–
You may be interested

Costa Rica unemployment rate drops to 19%
The Tico Times - March 4, 2021Unemployment in Costa Rica fell to 19.1% in the moving quarter from November to January. This maintained a downward trend…

Throwback Thursday: 2006 Arenal Volcano lava flows
The Tico Times - March 4, 2021Arenal Volcano's July 1968 eruption destroyed three small villages, killed 87 people and wiped out 232 square kilometers of crops…

MOPT warns of higher traffic accidents as measures are eased
Alejandro Zúñiga - March 4, 2021The Public Works and Transport Ministry (MOPT) is reminding drivers to follow the rules of the road when traveling this…