The National Oil Refinery (RECOPE) on Friday evening requested a new decrease in the per-liter prices of fuel that ranges from ₡29-₡68. It could take effect next month.
RECOPE will ask the Public Services Regulatory Agency (ARESEP) for a ₡16 decrease in the per-liter price of "Super" gasoline, a ₡17 decrease for "Plus," and a ₡21 decrease for diesel.
Motorists will save some money at the pump this week with fuel prices set to decrease again in October. New prices should go into effect by the end of this week.
Recent good news for drivers lasted less than a month as per-liter prices of “Super” and “Plus” gasoline on Saturday increased by ₡5. Diesel increased ₡3.
Although the Public Services Regulatory Authority last week announced a price decrease, Costa Rica still has the most expensive gas in Central America, according to the latest consumer report by the Central American Committee for Cooperation on Hydrocarbons.
The Public Services Regulatory Authority (ARESEP) on Monday confirmed that there will be a reduction of per-liter prices of gasoline, diesel and liquid petroleum gas (LPG).
A ₡5 increase in the per-liter price of fuels approved in July will take effect in coming days, but a recent drop in international oil prices could mean gas prices will go down in September.
A change in the dollar exchange rate has prompted the Public Services Regulatory Authority to approve a decrease in per-liter prices of Costa Rican fuel. But don't celebrate just yet – fuel prices are going back up next month.
As Costa Rica debates the pros and cons of joining the Venezuelan oil financing program Petrocaribe, energy experts meeting in Washington warned that countries already addicted to Petrocaribe’s cheap oil could face catastrophe if the Venezuelan economy under President Nicolás Maduro implodes.
