Higher Gasoline Prices To Bump Up Taxi Fares

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The rising cost of oil in international marketswill result in a hike in Costa Rica’s gasoline prices and taxi fares, accordingto the Public Services Regulatory Authority (ARESEP).

On Sept.16, taxi fares will go up ¢25, to ¢455 (78 cents), for the first kilometer and ¢30 (5 cents) for every additional kilometer.

Gasoline and diesel prices will go up by about¢34 (nearly 6 cents) a liter, pushing the cost of a liter ofsuper gasoline to ¢601 ($1.03), regular gas to ¢582($1) and diesel to ¢506 (87 cents).

For those with cars that hold 45 liters,the rise will see an increased cost of ¢1.530at the pumps for a full tank.

This marks the sixth rise in gasoline pricesthis year, with a barrel of oil in international

markets now costing around $70.

–Sean O’Hare