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

Costa Rica’s Dry Forest Pit Viper and Why It Shows Up in Yards

I’m leaning into being a grumpy old man here, but when I was a kid and I got in trouble my punishment was that...

Why Falling Prices in Costa Rica Are a Warning Sign for Jobs Growth and Debt

According to data released this week by the National Institute of Statistics and Census (INEC), the country recorded a -2.53% year-over-year inflation rate in...

Puma spotted near tourists in Costa Rica’s Corcovado

The short encounter was recorded on a cellphone by Keylor Monge, a local tour guide who was leading an excursion on Friday, Feb. 6....

Panama rejects China’s threat over annulled port contract in the canal

Panama on Wednesday rejected China’s warning that it would pay a “high price” for annulling the contract that allowed a Hong Kong company to...

Costa Rica Captures Alleged Shooter in Nicaraguan Exile’s Murder

Police in Costa Rica arrested a 21-year-old man suspected of pulling the trigger in the June 2025 killing of Roberto Samcam, a retired Nicaraguan...

Shakira Ignites Fan Frenzy in El Salvador with Sold-Out Concert Series

Colombian singer Shakira has fans in El Salvador buzzing with anticipation as she prepares for a series of concerts in San Salvador. The superstar's...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica