Diesel Fuel Goes Up ¢24 per Liter

November 9, 2007

Fuel prices continue to rise in Costa Rica, as does consumption. The price of diesel fuel goes up today by ¢24 ($0.05), while prices of super and regular are going up ¢5 ($0.01), and ¢8 ($0.02), respectively.

The Public Services Regulatory Authority (ARESEP) justified the price hike saying increased demand in the United States due to the onset of colder weather is pushing up the price of diesel.

That’s not a good enough explanation for some members of the private sector, however. Costa Rica’s National Agriculture Chamber sent out a release stating that the diesel price hike will “directly hit the country’s poorest population” as it drives up the cost of staple foods by increasing transportation costs.

Despite higher prices, fuel consumption continues to increase, by 9.9% compared to the same period last year. Much of that increase in use comes from the Costa Rican Electricity Institute (ICE), which has used nearly 50% more diesel fuel so far this year compared to the same period last year.

 

Facebook Comments

You may be interested

Silvia Baltodano: passion for Costa Rica`s musical theater
Weekend Arts Spotlight
13 views
Weekend Arts Spotlight
13 views

Silvia Baltodano: passion for Costa Rica`s musical theater

Iva Alvarado - October 21, 2018

The curiosity to meet artists at their workspace led me to Silvia Baltodano; an actress, singer, dancer, teacher, activist and…

The future of tropical forests restoration is community led
Environment & Wildlife
693 views
Environment & Wildlife
693 views

The future of tropical forests restoration is community led

Fabíola Ortiz - October 21, 2018

The future of restoring tropical forests should not be exclusively in the hands of governments, argues Rebecca Cole, director of…

Five dead in Costa Rica rafting accident
Costa Rica
4235 views
Costa Rica
4235 views

Five dead in Costa Rica rafting accident

AFP - October 21, 2018

Four U.S. tourists and a fifth Costa Rican were killed after a river rafting accident on Saturday, the Red Cross…