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Shortage At the Pumps Friday
Fault of the Station Owners,
Recope Says
The Refinadora Costarricense de
Petróleo (Recope) puts the blame
for the dry tanks at gasoline
stations squarely on the
shoulders of the owners of the
stations.
William Ulate Padgett, a
distribution manager at Recope,
confirms that many gasoline
station owners did not make or
reduced their regular purchases
of gasoline in anticipation of
lower prices the following day.
Gasoline prices fell ˘25 colones
per litre of super, ˘24 colones
per litre for regular and ˘19
colones per litre for deisel on
Friday, following four hikes for
2005.
Padgett says that normally 1.3
million litres of regular
gasoline is sold to gasoline
stations on a dialy basis, but
Thursday the sale dropped to
600.000 litres. In the case of
deisel, 2.4 million litres are
pumped out on a daily basis, but
this last Thursday only 1.2
million litres was sold.
Gasoline station owners
traditionally fill their tanks a
day or two before a price hike
to meet the demand by consumers
and take advantage of the higher
retail price on the cheaper cost
gasoline for the following days
after a price increase.
To make a little extra profit
with the drop in price, many
gasoline station owners waited
until Friday - the day announced
for the price reduction - to
make their purchases, some
running out of fuel in the early
part of Friday with the higher
than normal demand after the
price drop.
Those affected most by the
practice are the rural areas
that are a distance from the
Recope distribution centres.
Those areas many not see
gasoline stations tank filled
until Monday as it takes time to
reach the more remote areas like
the southern zones.
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