Fuel costs to increase this week
The Regulatory Authority for Public Services (ARESEP) approved the first increase of the year for the per-liter price of fuels that will go into effect when published in the official newspaper La Gaceta this week.
With the new prices users will pay ₡718 ($1.40) per liter of super gasoline (₡43 more). A liter of plus gasoline will cost ₡35 more and will increase from ₡643 ($1.28) to ₡678 ($1.35).
The per-liter price of diesel will increase ₡8 to ₡640 ($1.28).
Motorists wanting to fill their gas tanks (at an average of 45 liters) will pay ₡32,310 ($64.60) for super gasoline, ₡1,935 more than they are paying today.
ARESEP reported that the increase is due to speculation created in the international market because of the lack of fiscal policies in the United States last year.
This adjustment is the result of the extraordinary calculation formula, which takes into account international prices of gasoline and diesel, according to the commodity exchange market in New York.
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…