Costa Rica News, Daily News in Costa Rica by the Tico Times
May 12, 2008
 
   
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Prices to go up at the gas pump

Costa Ricans are set to hit another bump at the pump, paying more colones for gasoline starting this coming Saturday after the Public Services Regulatory Authority (ARESEP) approved a gas price hike.

The price of regular will go up ¢16 (a little over 3 U.S. cents) per liter, super will rise ¢20 (4 cents) and diesel by ¢31, according to an ARESEP press release.

That means the price of super will go from ¢601 ($1.21) a liter to ¢621 ($1.25); regular will go from ¢588 ($1.185) to ¢118 (nearly $1.22); and diesel from ¢556 to ¢587.

These prices could rise again in the next month after a bid by the National Oil Refinery (RECOPE) to push the price of regular gas up another ¢40 on top of ARESEP's rate, the daily La Nación reported.

 
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