No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveTicos still pumping gasoline but demand for diesel drops

Ticos still pumping gasoline but demand for diesel drops

The high price of oil appears to be having an impact on consumption in Costa Rica.
 
Last month, Ticos burned 1,403,323 barrels of oil, 5 percent less than the 1,477,526 barrels they consumed in June 2007, according to a National Oil Refinery (RECOPE) press release issued yesterday.
 
Most of the decrease was in diesel fuel, whose consumption declined by 12.5 percent, from 592,071 barrels in June 2007 to 518,289 barrels last month.
 
Demand for regular gasoline fell by 4.6 percent, while consumption of super rose 9.8 percent. Officials said the increased demand for super is the result of more purchases of new automobiles.
 
In total, consumption of the two types of gasoline rose slightly, by about 0.22 percent, RECOPE reported.
 
Liquefied petroleum gas consumption dropped 5.9 percent, and the consumption of asphalt dropped 37 percent last month as compared to the June 2007.
 
The lower demand in Costa Rica is part of a worldwide trend. Even the United States, the largest oil consumer, has reduced its demand in recent months.

Trending Now

El Salvador Rolls Out Bitcoin Bonds Amid Crypto Surge

El Salvador has pushed forward with its bold experiment in cryptocurrency, launching Bitcoin-backed bonds that tie the nation's finances directly to the volatile world...

Costa Rica Peanut Growing Guide From Planting to Harvest

Not long ago, a neighbor gave us some peanuts she said were from Peru. Since we’ve had good luck growing peanuts, we were excited...

Marriott Expands in Costa Rica with Adventure-Focused Hotel

Marriott is set to grow its footprint in Costa Rica by opening a new hotel in the Central Pacific area next year. The Santa...

From Costa Rica to the US an Expat Longing For Home

There are close to 200,000 people of Tico origin presently living in the US. I have spent the past month in an area where...

Costa Rica Defeats Nicaragua 4-1 in World Cup Push

Costa Rica delivered a strong performance last night, defeating Nicaragua 4-1 in their Concacaf World Cup qualifier at the National Stadium. The result marks...

Nicaragua Alleges Costa Rican Police Tried to Detain Player

Tensions ran high at the National Stadium here in Costa Rica last night when police officers entered the Nicaraguan team's locker room moments before...
Avatar
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