San José, Costa Rica, since 1956
Fuel

RECOPE asks for fourth consecutive decrease in fuel prices

The National Oil Refinery (RECOPE) on Wednesday reported that it would file a request for a drop in fuel prices, likely on Friday.

RECOPE will ask the Public Services Regulatory Agency (ARESEP) for a ₡16 decrease in the per-liter price of “Super” gasoline, a ₡17 decrease for “Plus,” and a ₡21 decrease for diesel.

“A new decrease in the price of gasoline and diesel on the international market will allow us to drop prices for the consumer,” RECOPE said in a press release. Changes in the dollar exchange rate did not apply in ARESEP’s recent calculations. The dollar increased from ₡541.77 in September to ₡542.03 in the first week of October.

RECOPE’s request could lower per-liter prices of Super gasoline from ₡777 to ₡760.80 ($1.46-1.42), Plus gasoline from ₡744 to ₡726 ($1.39-1.36) and diesel from ₡658 to ₡636 ($1.23-1.19).

If approved, this would be the fourth consecutive drop in fuel prices this year. New prices would begin next month, following publication in the official newspaper La Gaceta.

Contact L. Arias at larias@ticotimes.net

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