More Gasoline Prices Hikes On The Way
Gasoline prices have been spiralling upwards in the past couple of months and there seems to be no end in sight, as the Refinadora Costarricense de Petróleo (Recope) made another request for an increase on the heels of the latest price hikes that went into effect yesterday.

The price at the pumps for super gasoline jumped ¢16 colones at the 12:01am Thursday and hours later, Recope made anothe formal request to the Autoridad Reguladora de los Servicios Públicos (Aresep) for another hike of ¢34 colones per litre.

The Aresep has 15 days to respond to the request.

But, that doesn't end there. A price hike of ¢16 colones for a litre of regular gasoline was approved last week and has been published in today's edition of La Gaceta - the official government publication - meaning the hike will take effect at the stroke of midnight tonight.

The current price of regular gasoline is ¢493 colones and will jump to ¢509 for tomorrow.

Super gasoline just saw an increase to ¢533 and will jump to ¢567, almost reaching a high of ¢597 last August.