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Saturday 01 November 2008, San José, Costa Rica 

Attack of Three Casino Workers Could Have Been Avoided, Says Fiscal General
Luxury Home Tax To House Poor
Law Requires Home Address To Be Accurate And Current
Unemployment Looms
Gasoline Prices Coming Down Next Week
 
Gasoline Prices Coming Down Next Week
Don't be too quick to fill the gas tank this weekend as the latest round of gasoline price drops will take effect next week, possibly on Thursday.

The Autoridad Reguladora de Servicios Públicos (Aresep) said the latest gas price drop approval is expected to be published in the official government publication, La Gaceta, on Wednesday, November 4, and new prices take effect at stroke of midnight.

The price of a litre of super gasoline will drop from the current ¢722 to ¢687, a difference of ¢35 colones; regular plus (regular) drops from ¢708 to ¢665, a drop of ¢43 colones; and, diesel will frop from ¢650 to ¢609, a difference of ¢41 colones.

What the drop means in real terms is that it will cost ¢1.575 colones less to fill a 45 litre gas tank.

The Aresep also approved a price drop in the cost of natural gas that is used in many kitchens and some vehicles, as wlls as jet fuel.

The state refinery - the Refinadora Costarricense de Petróleo (Recope) - is too happy with the price drop as it has proposed a lower reduction than that approved by the Aresep.

The price of crude oil on world markets has been falling sharpy over the last several weeks, although the price of gasoline at pumps has not changed much.

Regulatory officials say that the slow downward movement is due to the pricing mechanisms in place, which are expected to change shortly, to allow for a quicker response to market price changes.

 
 
 

 

 

 
 

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