No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveTicos still pumping gasoline but demand for diesel drops

Ticos still pumping gasoline but demand for diesel drops

The high price of oil appears to be having an impact on consumption in Costa Rica.
 
Last month, Ticos burned 1,403,323 barrels of oil, 5 percent less than the 1,477,526 barrels they consumed in June 2007, according to a National Oil Refinery (RECOPE) press release issued yesterday.
 
Most of the decrease was in diesel fuel, whose consumption declined by 12.5 percent, from 592,071 barrels in June 2007 to 518,289 barrels last month.
 
Demand for regular gasoline fell by 4.6 percent, while consumption of super rose 9.8 percent. Officials said the increased demand for super is the result of more purchases of new automobiles.
 
In total, consumption of the two types of gasoline rose slightly, by about 0.22 percent, RECOPE reported.
 
Liquefied petroleum gas consumption dropped 5.9 percent, and the consumption of asphalt dropped 37 percent last month as compared to the June 2007.
 
The lower demand in Costa Rica is part of a worldwide trend. Even the United States, the largest oil consumer, has reduced its demand in recent months.

Trending Now

Under U.S. Influence, Venezuela Eases State Grip on Oil for Economic Revival

Venezuela's National Assembly has passed a landmark reform to its hydrocarbons law, marking a significant shift toward opening the country's vast oil reserves to...

Costa Ricans Cast Ballots in Pivotal Presidential Election

Voters across the country headed to polling stations today to select the next president and reshape the Legislative Assembly. The election drew 3.7 million...

Costa Rica drug violence drives killings as election nears

Mauren Jiménez cleans houses and cares for sick patients to make ends meet. In her spare time, the 54-year-old community leader does work most...

Costa Rica Faces Rising Child Food Insecurity as Social Aid Shrinks

A comprehensive review conducted by the Institute for Interdisciplinary Studies on Children and Adolescents (INEINA) at the National University of Costa Rica (UNA), based...

Puma Sits for the Camera on a Pacific Cliff in Rare Costa Rica Footage

After two hundred or so articles mostly focused on wildlife for the Tico Times, I’ve written about most of the more well-known species that...

Cold Fronts Shape Early February Weather in Costa Rica

Two cold fronts will mark the beginning of February in Costa Rica, maintaining windy conditions, rainfall, and low temperatures. At the same time, the...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica