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Insidecostarica.com - San José, Costa Rica  -   Thursday 10  August  2006

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Higher Fuel Prices Today
If you didn't fill up yesterday, today you will be paying ¢22 colones more for a litre of super gasoline, ¢23 colones more for regular and ¢03 colones more for diesel, as at the stroke of midnight, gasoline retailers changed the prices at the pumps following the publication of the increase in the official government publication, La Gaceta.

The approval for the price increase was given last week by the Autoridad Reguladora de los Servicios Públicos (Aresep), but did not come into effect until today.

Unusually, the lines at the gasoline pumps were not long at all. At various gasoline stations ICR visited last night, there were no lines at all and the ELF station on Paseo Colón there was no sign of a coming price increase.

The attendant at the ELF station told us that Ticos were now used to the constant price increase and saw no rush to fill the tank as has been the custom in previous increases.

Another factor could also be that payday is not until the 15th and this time around shopping for a Mother's Day gift was more a priority that to fill the tank.

with today's increase, a litre of super gasoline jumped to ¢597 (us$1.16), regular to ¢573 (us$1.11) and diesel to ¢383 (us$0.74).

The Middle East crisis is a contributing factor to the high prices, as Israel continues to pound Lebanon and the uncertainty of Iran and its policy on atomic weapons. Add to that the news from British Petroleum (BP) of shutting down a pipeline in Alaska due to corrosion. BP says it will use its total financial and manpower resources to replace a 16 mile section of the pipeline over the next couple of months.
 


 


 
   

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