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20 years

Gasoline, diesel could drop to lowest prices since 2008 in January

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(ICR Archive/Stock Image)

(ICR Archive/Stock Image)

December 12th, 2014 (InsideCostaRica.com) The price of gasoline and diesel in Costa Rica could drop to the lowest levels since 2008, if a reduction proposed by the Costa Rican Oil Refinery (RECOPE) is approved by regulators.

 

RECOPE estimates that a liter of super gasoline should fall ¢83/liter from ¢689 to ¢606.  That would be the equivalent of about $4.33 per gallon at today’s exchange rate.

 

Regular gasoline should decrease ¢75/liter from ¢655 to ¢580, the equivalent of about $4.14 per gallon; while diesel would decrease ¢64/liter from ¢607 to ¢543, or about $3.89 per gallon.

 

If approved, the prices would be the lowest prices (in colones) seen since 2008.

 

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  • Ginger Morris

    I guess less money that the Government will have to steal. Now, the next excuse for BAD ROADs is going to be that they are not collection the taxes on Gas and they have to cut back. That is what you will be reporting in 6 months. Do a story on “WHY THE POTHOLES IN COSTA RICA!”

    • http://insidecostarica.com/ Timothy Williams

      So funny you mention this. On our editorial calendar for next week I am planning a story titled “Why cheaper gas could mean worse roads for Costa Rica.” (seriously, look for it next week).

      • HONEST MAN

        Good point look forward to reading. Just so you know in Canada they build road for around 1 million for every 1 kilometer. How come Costa Rica is so much expensive to build road. Labour is much cheaper in CR.

        • SDPUS

          Are you really looking for an answer to that question, Honest Man? I think it has to do with tempatures. The less clothing people wear, the higher the propensity for corruption. The beach is strife with stealing. Maybe we are locking up the wrong monkeys…

          • Allan Narci

            Cleaning up CR is the job of Costa Ricans, everyone else needs to STFU and mind their manners when they are a guest in someone else’s house.

          • TJ

            Well since my SON is Tico, I can say whatever the f**k I want. Maybe if the “Costa Ricans” actually cared about cleaning up the country I wouldn’t have much to say, but they don’t. Every time I talk to my Tico friends about corruption, etc, they always just laugh and say “ahh that how it always works here. Pura vida!” Most people are just trying to get by in this country. Blame the elite business owners. I’m sure you’ve seen them in the news closing hotels and announcing layoffs. Poor business practices and lousy accountability. Apathy at it’s finest but that’s just how it is.

          • Allan Narci

            oh theres a lot of ticos that need their ass kicked too no doubt about that.

  • guest

    Bad roads. poor infrastructure and smiling undereducated people is what tourists want to see when they visit Costa Rica. They expect it. Nothing is going to change that image as long as enormous profits are being taken.

    • Allan Narci

      undereducated? CR has one of the highest literacy rates in the world. Now drinking the corporate kool aid is another story.

      • mhogan

        explain CR’s “literacy” — if you can sign your name in cursive, you’re literate. Actually, there may be something to that since higher SAT scores have been linked to those using cursive over block print. Not to say that those who “flourishingly” scribe their Costa Rica name are candidates for MENSA (although they would dispute this) — ask them how many books they have read this year.

        • Pablo Bolaños-Villegas

          Undereducated who?

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