Gas prices in Costa Rica to drop this week

August 30, 2016

Prices of premium and regular unleaded gasoline will drop by ₡24 and ₡22 per liter respectively this week, thanks to a new fuel price setting approved by the Public Services Regulatory Authority (ARESEP).

The agency passed the cut in fuel prices after taking into account recent changes in the international price of oil.

The price calculation also resulted in lower prices for diesel, though the per-liter price will go down by only ₡5.

New fuel prices will come into effect the day after their publication in the official newspaper La Gaceta, which is expected to occur later this week.

Approved cuts mean a liter of premium, commonly known as “Super,” will go from ₡590 to ₡566 ($1.60-1.01). A liter of regular, known as “Plus,” will drop from ₡563 to ₡541 ($1.01-0.97), and a liter of diesel will slip from ₡448 to ₡443 ($0.80-0.79).

This is the third cut in gas prices approved this year. ARESEP in late July approved a ₡13 cut in the per-liter prices of Super and Plus gasoline, as well as a ₡4 reduction for a liter of diesel.

The National Oil Refinery said growing inventories recorded between July 28 and Aug. 11 translated into lower costs for finished fuels acquired this month.

You may be interested

Costa Rica’s Keylor Navas, Real Madrid nab third consecutive Champions title
Keylor Navas
50 views
Keylor Navas
50 views

Costa Rica’s Keylor Navas, Real Madrid nab third consecutive Champions title

Katherine Stanley - May 26, 2018

Costa Rica's star goalie, Keylor Navas, continued his historic march through world football as his club team, Real Madrid, won…

Adaptive surfing, part III: Riding the waves with Noah
sports
145 views
sports
145 views

Adaptive surfing, part III: Riding the waves with Noah

Ellen Zoe Golden - May 25, 2018

Part III in a series on adaptive surfing in Costa Rica. Read Part I, about the country's association for disabled…

It’s frog orgy season
Environment and Wildlife
1250 views
Environment and Wildlife
1250 views

It’s frog orgy season

Lindsay Fendt - May 25, 2018

The rainy season is upon us. For many of us that means hiding indoors for the next few months, but for Costa…