No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveARESEP approves decrease in fuel prices

ARESEP approves decrease in fuel prices

The Public Services Regulatory Authority (ARESEP) approved a price decrease of ₡6 for diesel and super gasoline, and of ₡5 for plus gasoline.

The per-liter price of super gasoline will drop from ₡735 to ₡729 ($1.47-$1.45), while regular gasoline will drop from ₡693 to ₡688 ($1.38-$1.37) and diesel from ₡656 to ₡650 ($1.31-$1.30).

Gas station owners had requested a 37 percent increase in the profit margin they earn, but ARESEP ruled against them.

ARESEP official Juan Manuel Quesada said a technical evaluation of gas station infrastructure, depreciation expenses and profit margins “resulted in a decrease in the profit margin for fuel vendors that will be applied in the final price paid by consumers.”

The current profit percentage for fuel vendors is ₡43.4 per liter, which now will be set at ₡37.6.

The measure will be sent to the official newspaper La Gaceta and will take effect the day after its publication.

Trending Now

Costa Rica Coast Guard Seizes Illegal Gillnets in Protected Refuge

Costa Rican Coast Guard officers pulled nearly a kilometer of illegal gillnets from protected waters in the Barra del Colorado National Wildlife Refuge during...

Costa Rica Approves Extradition of Ex-Minister Gamboa and Associates

A Costa Rican court has approved the extradition of former Security Minister Celso Gamboa Sánchez to the United States on charges of international cocaine...

Costa Rica TSE Seeks to Lift President Chaves Immunity

Costa Rica's electoral tribunal has stepped up pressure on President Rodrigo Chaves by asking lawmakers to strip his immunity over claims of political interference...

Juanes Lands in Costa Rica to Shoot Videos for New Tracks

Colombian singer Juanes has arrived in Costa Rica, turning our country's landscapes into backdrops for his latest music videos. The artist, known for hits...

Cost of living in Costa Rica from a U.S. Expat

Paradise doesn’t come cheap. Cars, gas, appliances, phones, TVs often cost more in Costa Rica. But not everything. Here’s a simple, like-for-like look at...

Costa Rica Weather Alert: Heavy Rain, Flooding, and Landslides

The National Meteorological Institute (IMN) issued a warning on Thursday about persistent heavy rains and thunderstorms affecting much of Costa Rica.These conditions are the...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica