• Costa Rica Coffee Guide

New increase in fuel prices approved

February 26, 2013

The Public Services Regulatory Authority (ARESEP) approved an increase in fuel prices that will take effect later this week.

Per-liter prices for Super gasoline will increase by ₡17 ($0.034), while Plus gasoline and diesel will will go up ₡15 ($0.030).

The adjustment is the result of a calculation formula that takes into account international prices of each of the finished products (gasoline and diesel) according to the New York Commodity Exchange.

The main reason for variation in prices was speculation created in the international market due to geopolitical tensions between Iran and the United States and between Israel and Syria. Corruption scandals in Spain and the unexpected contraction of GNP in the United States also affected the price.

Price changes will take effect at midnight on the day of its publication in Costa Rica’s official newspaper La Gaceta, expected to occur this week.

ARESEP warned drivers that if they can’t find fuel supplies available at the pump, they should report to ARESEP (8000-ARESEP), as gas stations must have enough inventory to supply fuel sales for at least five days.

You may be interested

Here’s what Costa Rica’s biometric identification bill says
Costa Rica
4 views
Costa Rica
4 views

Here’s what Costa Rica’s biometric identification bill says

Alejandro Zúñiga - December 2, 2020

Costa Rica's Legislative Assembly is considering a bill that would create a national biometric database of the country's residents. Deputies…

Britain OKs vaccine as global Covid death toll nears 1.5 million
Costa Rica
21397 views
Costa Rica
21397 views

Britain OKs vaccine as global Covid death toll nears 1.5 million

Jitendra JOSHI with AFP bureaus - December 2, 2020

Britain on Wednesday became the first western country to approve a Covid-19 vaccine for general use, while Italy and Japan…

OECD expects gradual economic recovery in Costa Rica but worries about debt
Costa Rica
827 views
Costa Rica
827 views

OECD expects gradual economic recovery in Costa Rica but worries about debt

AFP - December 2, 2020

After enduring the effects of Covid-19, Costa Rica will experience a gradual economic recovery starting in 2021, but it must…