• Costa Rica Coffee Guide

Gasoline prices set to drop this week

September 28, 2015

The Public Services Regulatory Authority (ARESEP) approved lower gas prices Monday that could benefit motorists as soon as this week — as long as your vehicle doesn’t run on diesel.

ARESEP approved a ₡72 cut in the per liter price of Super gasoline and a ₡63 cut for a liter of Plus gasoline. A liter of diesel, however, will cost ₡7 more.

A liter of Super gasoline will drop from ₡635 to ₡563 ($1.18 to $1.04), Plus will drop from ₡603 to ₡540 ($1.12 to $1.00) and diesel will rise from ₡451 to ₡458 ($0.83 to $0.85).

According to ARESEP’s records, the new gas prices are 27 percent cheaper than those in force in October last year.

ARESEP’s Energy Manager Juan Quesada Espinoza said Monday that lower prices mostly reflect a “decline in international prices due to high reserves and a stable demand in the U.S.” However, international prices of diesel remained relatively stable in recent months.

The main factor affecting fuel prices was a small increase in the exchange rate of colones for dollars.

Still, the price of diesel will remain the lowest it has been in the last six years, according to ARESEP data.

This the second consecutive decrease in fuel prices this month.

ARESEP already sent the new prices to the offical newspaper La Gaceta, and they will apply the day after their publication.

You may be interested

Costa Rica offering all-expenses-paid vacations: How to enter
Costa Rica
5 views
Costa Rica
5 views

Costa Rica offering all-expenses-paid vacations: How to enter

Alejandro Zúñiga - November 26, 2020

Costa Rica is offering all-expenses-paid vacations for U.S. and Canadian residents who have found life’s essentials during what has been…

Thanksgiving in Costa Rica was a long time coming
Archive
14085 views
Archive
14085 views

Thanksgiving in Costa Rica was a long time coming

Rebecca Kimitch - November 26, 2020

For Thanksgiving 2020 we're looking back on a 2005 piece that, in turn, looked back on Thanksgivings past in Costa…

The race to obtain coronavirus vaccines in Latin America
Latin America
21505 views
Latin America
21505 views

The race to obtain coronavirus vaccines in Latin America

AFP Bureaus - November 26, 2020

While the world waits for vaccine candidates to complete trials and pass safety tests, Latin American countries are accelerating negotiations…