ARESEP Approves Lower Gas Prices
Consumers of regular and super gasoline will soon pay about 3% less at the pump thanks to the Public Services Regulatory Authority (ARESEP) Tuesday approving gas price reductions requested by the National Oil Refinery (RECOPE) last week.
The price of one liter of super gas will drop from ¢597 ($1.15) to ¢580 ($1.12), and the price of one liter of regular gas will be reduced from ¢573 ($1.10) to ¢553 ($1.06), according to a statement from ARESEP. This reduction means a 2.9% decrease in the price of super gas and a 3.5% decrease in the price of regular gas.
These price adjustments reflect changes in gas prices on the international market and the fluctuation of the colón’s exchange rate.
The lower prices will go into effect as soon as they are published in the official government daily La Gaceta. ARESEP sent the resolution to the Government Printer Wednesday, the statement said.
You may be interested
Adaptive surfing, part II: The story of Dean BushbyEllen Zoe Golden - May 22, 2018
A three-part look at adaptive surfing in Costa Rica. Read Part I here to learn how a Central Pacific coach is…
Costa Rica launches Pride Connection networkElizabeth Lang - May 22, 2018
As Costa Rica continues to grapple with the disagreements about marriage equality and gender identity that dominated the second round…
Costa Rica at a glance: top news from the past weekThe Tico Times - May 21, 2018
Newly inaugurated Costa Rican President Carlos Alvarado is closing in on two weeks on the job. Here are some of…