Fuel Prices Drop Across the Board
Some relief at the pump arrived last week after a Costa Rica regulator approved a reduction of gasoline prices.
In effect since Wednesday, prices have dropped to ¢687 (U.S. $1.23) per liter for super, ¢665 ($1.17) for regular and ¢609 ($1.09) for diesel, according to a press release from the Public Services Regulatory Authority (ARESEP).
The latest slash comes as a correction to price increases after Hurricane Ike in mid-September. It will “benefit consumers and not affect the finances of (National Oil Refinery) RECOPE,” the press release said.
RECOPE had requested a lesser price reduction of ¢24 per liter for super, below ARESEP’s approved ¢35 decrease.
You may be interested
Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)Alejandro Zúñiga - April 18, 2019
Isla Nublar, the setting for much of the "Jurassic Park" series, is unfortunately not a real Costa Rican island. Cocos…
Costa Rica holds Maduro regime responsible for diplomat’s safetyAFP and The Tico Times - April 18, 2019
The Costa Rican Foreign Ministry said on Wednesday that it places responsibility with the Venezuelan government of Nicolás Maduro for…
Venezuela withdraws diplomatic credential from Costa Rican diplomatAFP and The Tico Times - April 17, 2019
Venezuela withdrew the diplomatic credential from the Costa Rican chargé d'affaires on Tuesday in retaliation for the country’s acceptance of…