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in Costa Rica

Gasoline Price Drop Approved, Takes Effect Next Week

by Q COSTARICA Saturday 23 July 2016, 3:56 pm 1.3k Views

Many are turning to vehicles that use less fuel and get around the traffic congestion nightmare
(QCostarica) Following the recent “hit” (increase) in gasoline prices, next week we can see some relief. Not much. But every colon counts. Literally.
The Autoridad Reguladora de los Servicios Públicos (Aresep) on Friday approved a reduction of ¢1 colon more than requested by the state refinery (that does not refine anything), the RECOPE, asking for a drop of ¢12 for gasoline and ¢3 for diesel fuel.
The approved drop is ¢13 colones for a litre of super or regular gasoline and ¢9 for diesel fuel.
Thus, following the publication in the official government newsletter (that must be within five working days of approval), the price at pumps for a litre of super gasoline