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Insidecostarica.com - San José, Costa Rica - Saturday 14 May  2005

 

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Editorial

  Genesis Fund Was A "Huge" Ponzi Scheme, Authorities Say
  Constitutional Court Backs Caldera Port Concession
  Parents Should Talk to Their Children About Sex, Study Shows
  Gasoline Prices To Drop in Two Weeks
  Banana Growers Fear Losses
  National Parks Are Top Dollar-Earners


Gasoline Prices To Drop in Two Weeks
Sit down and take a deep breath - the price of gasoline is going down. Don't believe it? Then pinch yourself, because it is true.

The Refinadora Costarricense de Petróleo (RECOPE) will make a formal request on Monday to reduce the price of a litre of gasoline by ˘30 colones for a super, ˘28 for regular and ˘23 for diesel.

The price reduction should come in about two weeks.

The current price for a litre of gasoline is now at ˘424 for super, ˘405 for regular and ˘305 for diesel, after the fourth increase of the year came into effect earlier this week.

The reduction is based on the lower cost of crude oil on world markets and not on government intervention. The price reduction will be a welcome relief to drivers who have driven through a ˘69 colone price hike in fuel prices this year.




 

 

 
 
 
 
   

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