Costa Rican regulator proposes reduction in fuel prices
The Public Services Regulatory Authority (ARESEP) proposed a reduction of national fuel prices by ₡63 per liter that could be enacted in the coming months.
According to ARESEP, the National Oil Refinery (RECOPE) is expected to earn a ₡62 billion surplus ($124 million) for 2011. Given the large surplus, ARESEP is proposing that RECOPE reduce fuel prices from September to December of this year or “in the immediate short term.”
If the reductions are to be approved, the rate for super gasoline would be reduced from ₡712 to ₡649 per liter, “plus” gasoline from ₡691 to ₡627 per liter and diesel from ₡653 to ₡589 per liter.
You may be interested
Five things I learned while watching the sun set over El ClásicoAlejandro Zúñiga - October 22, 2018
TIBÁS — It’s difficult to enjoy a spectacular sunset while the concrete grandstand of a 50-year-old stadium shakes haphazardly under…
The Tico Times Weekly Digest: Oct. 22, 2018Alexander Villegas - October 22, 2018
It's Monday everyone. That means it's time for another dose of The Tico Times Weekly Digest. This week's Digest is…
This week in the Peace Corps: Lessons from indigenous communities in Limón provinceCrystal / Regional Peace Corps Leader - October 22, 2018
After four years with Peace Corps Costa Rica, I am reflective about living and working in indigenous communities throughout Limón…