Regulator Approves Drop In Auto Fuel Prices
Drivers will have a little extra change after the Public Services Regulatory Authority (ARESEP) have approved a drop in fuel prices.
Super gasoline will soon decrease by ¢72 ($.13), from ¢488 to ¢416, plus gasoline will drop by ¢66 to ¢408 per liter, and diesel fuel will fall by ¢95 to cost ¢427 per liter.
ARESEP devised these rates after calculating an average rate from the last 15 days of fuel prices on the international market.
In addition, ARESEP already has started a detailed study regarding February prices.
ARESEP said the February rates would most likely increase due to the current conflict in the Middle East. The increase for next month is estimated to be ¢16 for super fuel, ¢18 for plus fuel and a hike of only ¢3 for diesel fuel.
You may be interested

IMF loan ‘ultimately benefits all Costa Ricans,’ Alvarado says in interview
The Tico Times - March 2, 2021The International Monetary Fund (IMF) on Monday approved a three-year, $1.78 billion loan to help stabilize Costa Rica's economy. Read: IMF…

This day in history: Pope John Paul II visits Costa Rica
The Tico Times - March 2, 2021Tuesday is the 38th anniversary of Pope John Paul II’s visit to Costa Rica. As the first pope to visit the country,…

The compromises Costa Rica made with the IMF
The Tico Times - March 2, 2021Costa Rica will receive a three-year, $1.78 billion loan from the International Monetary Fund as part of the financial entity’s…