Super, regular gasoline drop by ¢36, ¢30 per liter as of today


August 28th, 2014 ( Good news for motorists – a reduction in the price of gasoline approved by regulator ARESEP came into effect today.


Effective today, the price of super gasoline falls from ¢810 per liter to ¢774, while regular gasoline drops from ¢782 per liter to ¢752.


The cost of diesel fuel, however, dropped just ¢1 per liter.


The National Oil Refinery (RECOPE) and ARESEP said the price reductions are primarily the result of international petroleum prices, in addition to a favorable dollar exchange rate.


 Fuel prices had reached a record high in July.

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