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Higher Gasoline Prices Coming
Our Way
Get ready for another gas hike
as the Refinadora Costarricense
de Petrolelo (Recope) - the
state monopoly on gasoline
products - has asked for price
increase of ¢27 colones for a
litre of super and ¢26 colones
for a litre of regular gasoline.
The hike, once approved by the
Autoridad Reguladora de
Servicios Públicos (Arespe) -
the government regulator of
public prices and services - is
approved it will be second hike
this year, following an increase
of ¢35 colones for super, ¢34
for regular and ¢16 for diesel,
that came into effect last
Friday.
The increase, according to
Recope, is due to rising prices
of crude oil on world markets.
This increase is expected to go
into effect on February 24.
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