Regulatory agency suspends decrease in fuel prices
The board of the Public Services Regulatory Authority (ARESEP) on Thursday night suspended a reduction in the per-liter prices of gasoline and diesel, pending the resolution of an appeal filed by a gas station owner.
The decrease of ₡5 for super and plus gasoline, and of ₡6 for diesel, was approved Monday and would enter into force once published Friday in the official newspaper La Gaceta.
Chamber of Fuel Businesses President Antonio Galva said they suspended a strike called for next week, which would have affected thousands of travelers expected to take advantage of the Easter Holy Week holiday.
He added that “we are open to negotiate with ARESEP, and to provide all required information for making the calculations for setting the appropriate prices.”
ARESEP had set the decrease after ruling the profit margin of gas station owners was too high.
You may be interested
Download our High Season Print Edition hereThe Tico Times - December 17, 2017
Thanks to all the readers from around Costa Rica and the world who have written to ask how they can…
PHOTOS: Costa Rica’s Festival of LightAFP - December 17, 2017
Costa Rica's traditional Festival de la Luz, a holiday parade through the heart of San José, filled the capital with…
Give green in Costa Rica: holiday gifts that will live on all yearEd Bernhardt - December 16, 2017
A warm holiday greeting from the garden to all our readers. Another year has come to an end, and it’s…