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Monday 17 September 2007

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Taxi Drivers Operate Without Insurance
Alajuela Constructs Boulevard Without Permits
Quakes Shake Costa Rica
Regulator Begins Study on Changes in Gasoline Prices Request
Gasoline Station Attendants To Receive Training


Regulator Begins Study on Changes in Gasoline Prices Request
The Autoridad Reguladora de Servicios Públicos (Aresep) - the regulator of public prices and services - today begins its study on the request by the Refinadora Costarricense de Petroléo S.A. (Recope) - the national refinery - on a reduction of the price of gasoline and an increase in diesel fuel.

Once the request is approved, the price of a litre of super and regular gasoline will drop at the pumps by ¢85 ad ¢65 colones, respectively, while the price of diesel will jump ¢31 colones.

The price drop is being welcomed, however, the increase in diesel is not welcomed by many users, especially business and transport companies who mainly use diesel powered vehicles.

If the increase is approved, the price of a litre of diesel will jump from the current ¢427 to ¢458 colones, or 7.26%.

The increase request also includes the price of compressed gas that will see the price jump from the current ¢327 to ¢346 colones per litre.

Compressed gas is used in a large number of homes for cooking, as well as most restaurants.

Before the Aresep an authorize any price changes it has to hold a public hearing, allowing consumers an opportunity to voice their opinion on the subject and then publish the change in the official government publication La Gaceta.

It is expected that any prices changes could be in effect before the end of the month.
 
 


 

 

 
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