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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

Food industry denounces request to increase propane price by 72 percent

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(Archive)

(Archive)

December 18th, 2015 (ICR News) The Costa Rican Chamber of Food Industry (CACIA) denounced this week a request being considering by regulator ARESEP to increase the price of liquefied petroleum gas (LPG) (commonly known as “cooking gas” in Costa Rica and “propane” in North America) by 72 percent.

 

“We strongly oppose the request for price adjustment being considered by the Regulatory Authority for Public Services (ARESEP),” said Manuel Hernando, president of the chamber, during a press conference.  Hernando said that such a drastic increase would be a significant economic blow to Costa Rican families who depend on cooking gas, as well as small businesses such as sodas and restaurants.

 

Hernando said that if the request is approved that the price of LPG in Costa Rica would be 42 percent higher than the Central American average.

 

A public hearing is scheduled for January 14.  If the request is approved, the new pricing would go into effect during the first quarter of 2016.

 

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  • Yeims

    A recent article about a quality survey indicated there was not one cylinder out of 2,500 that was acceptable, and these jokers want to raise the price to the ceiling and more, with petroleum (propane comes from that) at the lowest price since the last depression?

    • http://insidecostarica.com/ Timothy Williams

      Yep, that is an accurate assessment. Any questions? haha :)

    • http://insidecostarica.com/ Timothy Williams

      Oh, and that doesn’t count an extra 2,000 colones per cylinder that consumers will have to start paying in January. That is already a done deal, as the government is removing a transportation subsidy for the cylinders. (I apologize we failed to report on that).

    • disgusted

      So you ask a high rate in the 70% tile then hope for a lower rate in the 30% tile. Seems like they are paying some top executives A HUGE SALARY. Like been said 100% of the tanks are defective.

  • richard schlinder

    Here we go again.Anytime there is a drop in price of a commodity,the government wants to step in and put a higher tax on it. In the U.S. they are talking about raising the tax price of gasoline $1.00per gallon.

  • zzzzz

    It would be quite a basic idea that propane should be subsidized as should the first 50Kw/h of electrical consumption.
    it would contribute to lowering greenhouse gases as people would burn less wood (everyone uses BS arguments like that, ok?)
    These excessively high energy costs is something that is unfair to struggling families and the poor in general and also small business.
    The names of individuals and their affiliations, who are working to bring these austere measures should be publicized and used in a political way as much as possible.
    Come election time, the lever should be pulled. Is there a consumer protection organization?
    The food industry lobby has to be the one to make the case?
    Jezzzzus

    • http://insidecostarica.com/ Timothy Williams

      There is a consumer protection agency, but it is also a public (government) agency (it is known as MEIC) and in general it only intervenes in private enterprise, not public services and utilities. The pricing of gasoline, diesel, LPG/propane, bunker, etc. is the exclusive domain of ARESEP with very few exceptions (which literally require an act of Congress/the Legislative Assembly).

      • zzzzz

        thanks for the info

      • Lorenzo Muller

        The ARESEP routinely denies price increases. Moreover anyone can attend the hearings.

    • toolman78

      Just on a side note, using wood as a fuel is actually carbon neutral because whether it rots or is burned, either way the carbon in it is converted into CO2. The issue with using wood is that it doesn’t burn as cleanly and the potential for causing deforestation.

      • zzzzz

        Very good points indeed…. but actually due to the time it takes the carbon dioxide to be reabsorbed trough new plant material, if there is ever a net replacement value, means there is always more CO2 in the atmosphere than what was in the plant material in the first place and is not entirely carbon neutral. then again, i am just being a dick. You are entirely correct (enjoy it, it wont happen often) Propane is entirely CO2 negative but much better than gas, diesel or coal. Cheers!

  • http://www.AnimalsBigandSmall.com Maxine de Villefranche

    How about providing a safe product before asking for a 70%+ jump in price?

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