Costa Rican government approves fuel-price hikes

March 13, 2012

The Public Services Regulatory Authority (ARESEP) approved on Tuesday new fuel rates by applying automatic adjustments for January and February plus tax-based variations.

The measure increases per-liter prices by ₡724 ($1.40) for “super” gasoline, ₡706 ($1.37) for “plus” gasoline and ₡645 ($1.25) for diesel.

January automatic-adjustment calculations are based on international price variations from Dec. 29 to Jan. 12 at an exchange rate of ₡507.45 to $1. The estimate for February is from Jan. 26 to Feb. 9 at an exchange rate of ₡512.19 to $1.

ARESEP’s decision to raise fuel prices will be sent on Wednesday to the Government Printer for publication in the official newspaper La Gaceta. New rates will be published on March 21.

The approved rates are as follows:

Fuel rates (per liter)
Product Current Approved Difference
 Super      ₡615 ₡724 ₡109
 Plus ₡600 ₡706 ₡106
 Diesel ₡575 ₡645 ₡70
Facebook Comments

You may be interested

Safe travels in Costa Rica: aiming for the sweet spot
Travel & Tourism
70 views
Travel & Tourism
70 views

Safe travels in Costa Rica: aiming for the sweet spot

Katherine Stanley - March 26, 2019

Traveling in Costa Rica is one of life’s great privileges, and The Tico Times has been proud to inspire, guide…

2019 Gold Cup field finalized; Costa Rica will host two matches
Costa Rica
397 views
Costa Rica
397 views

2019 Gold Cup field finalized; Costa Rica will host two matches

Alejandro Zúñiga - March 26, 2019

The field for the 2019 CONCACAF Gold Cup is set. Costa Rica, the United States, Mexico, Honduras, Panama, and Trinidad…

A pilgrimage for a saint: El Salvador mourns
Central America
729 views
Central America
729 views

A pilgrimage for a saint: El Salvador mourns

AFP - March 25, 2019

Hundreds of Salvadorans paid tribute this weekend to their first saint, San Salvador Archbishop Oscar Arnulfo Romero, murdered 39 years…