Regulatory agency suspends decrease in fuel prices

March 21, 2013

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

Costa Rican entrepreneur launches swimwear line to empower women
Changemakers
108 views
Changemakers
108 views

Costa Rican entrepreneur launches swimwear line to empower women

Elizabeth Lang - May 24, 2018

María Luisa Mendiola is a young Costa Rican woman living in New York who’s all about creating change in everything…

Costa Rica dismantles international drug trafficking ring
Drug trafficking
118 views
Drug trafficking
118 views

Costa Rica dismantles international drug trafficking ring

AFP - May 24, 2018

Costa Rican authorities dismantled an international cocaine trafficking ring that used fishing boats on the country's southern Pacific coast. The…

Costa Rica’s snakebite research pioneers save lives worldwide
Changemakers
210 views
Changemakers
210 views

Costa Rica’s snakebite research pioneers save lives worldwide

Mitzi Stark - May 23, 2018

The Clodomiro Picado Institute is spread along the main road of Dulce Nombre de Coronado, northeast of San José. Its…