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Super and Regular Gasoline
Prices To Drop; Diesel On the
Way Up
Just as we got used to the
latest increase of the price of
gasoline that came into effect
yesterday, the Autoridad
Reguladora de los Servicios
Públicos (Aresep) - the
regulator of public prices and
services - announced yesterday a
decrease in gasoline prices come
the new year.
The Regulador General, Fernando
Herrero, approved a decrease in
the price of super and regular
gasoline and an increase in the
price of diesel fuel.
The decrease in super gasoline
will be ¢28 colones per litre
and ¢26 colones for regular. As
well natural gas, used in many
homes and restaurants for
cooking, will decrease ¢23
colones a litre. In contrast,
diesel fuel will increase by ¢17
colones per litre, as well as
Bunker fuel, ¢2 colones and Jet
A-1 aviation fuel, a whopping
¢48 colones per litre.
The new prices will not go into
effect until it is published in
the official government
publication, La Gaceta, which is
not expected until early January
due to the holiday closings.
Herrero said the reduction is
part of the Aresep's policy of
reviewing gasoline prices every
three months.
Herrero added that the
"rebalancing" has more winners
than losers. His comments were
based on the negative reaction
by industry whose trucks and
buses used diesel fuel. Herrero
said that 40% of families cook
with natural gas and 91% of
private vehicles use either
super or regular gasolines.
The Regulador General also
promised that there will no
increase in bus fares as a
result of the hike of diesel
fuel.
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