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Gasoline Prices Going Dooowwwnnn
Again
Get ready for another price....
drop! Yes, you read it right,
the Refinería Costarricense de
Petróleo (Recope) - the state
monopoly on gasoline refinery
and distrubition - has asked the
Autoridad Reguladora de los
Servicios Públicos (Aresep) -
the state regulator of public
prices and services - for a drop
of ¢18 colones for a litre of
super; ¢17 colones for regular
and ¢21 colones for diesel.
When approved, this will be the
third price drop in a row, save
for the small increase due to
the automated period
recalculations of tax on
gasoline, that Recope has
requested in a little over a
month.
Yesterday, the price of gasoline
dropped to ¢441 colones for
super, down from a high of ¢504
in October; regular dropper to
¢420 colones a litre; and diesel
was set at ¢324 colones.
The new price drop will mean
super will sell for ¢422 colones
a litre, regular will sell for
¢402 colones and diesel ¢301
colones.
Kerosene and Jet fuel will also
drop.
Recope establishes the prices,
with the approval of the Aresep,
for all gasoline sold in
country. All gasoline retailers,
small or large, buy from the
same source and sell at the same
price.
There have been some complaints
in the past by gasoline station
owners selling at a higher that
established price or refusing to
sell a particular product,
shutting down the pumps, before
a major price change.
The price drop is based on the
dropping price of crude oil
prices on world markets during
the last 15 days.
The approval is expected early
next week, which will mean the
prices will drop at the pump by
the end of that week.
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