Diesel Fuel Goes Up ¢24 per Liter
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.
You may be interested
Costa Rica’s snakebite research pioneers save lives worldwideMitzi Stark - May 23, 2018
The Clodomiro Picado Institute is spread along the main road of Dulce Nombre de Coronado, northeast of San José. Its…
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…