Costa Rica Coffee Guide

Costa Rica demand for fuel falling fast

April 3, 2009

Costa Ricans are buying and burning considerably less fuel than last year, according to the nation´s oil authority, which registered a 23 percent drop in demand last month from March 2008.

The fall in demand has been gaining speed throughout the first three months of the year, the National Oil Refinery (RECOPE) said in a press release Wednesday. January saw a 6.28 percent decrease in fuel consumption from the same month in 2008, and February dropped 14 percent. All told, in the first quarter of 2009 oil demand was 15.13 percent below that of first quarter 2008 – down to just under 4.2 million barrels from 4.9 million.

Fueling the fall most was consumption of diesel fuel for the generation of electricity, which plummeted 99.64 percent in March compared with the same month last year. Fuels for ships (IFO) and planes (JET A-1) have also been on the decrease, down 67.58 percent and 31.74 percent in March respectively.

Bucking the trend, however, demand for super gasoline rose 5.86 percent last month from the prior March.

You may be interested

At least a dozen people rescued as boat sinks in Tamarindo
Costa Rica
6 views
Costa Rica
6 views

At least a dozen people rescued as boat sinks in Tamarindo

Alejandro Zúñiga - September 24, 2020

At least a dozen people returned safely to shore on Wednesday evening when their schooner sank off the coast of…

IMF predicts ‘partial and uneven’ recovery in Latin America due to Covid-19
Costa Rica
825 views
Costa Rica
825 views

IMF predicts ‘partial and uneven’ recovery in Latin America due to Covid-19

AFP and The Tico Times - September 24, 2020

The International Monetary Fund foresees a "partial and uneven" recovery in Latin America after the Covid-19 crisis, and it anticipates…

Costa Rica coronavirus updates for Wednesday, September 23
Costa Rica
5494 views
Costa Rica
5494 views

Costa Rica coronavirus updates for Wednesday, September 23

Alejandro Zúñiga - September 23, 2020

Costa Rica announced 21 new coronavirus-related deaths over the last day for a total of 781, according to official data…