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Monday 24 November 2008, San José, Costa Rica 

Red Alert For Limón As Hundreds Forced Out Of Their Homes
March Against Violence
Don't Fill That Tank Today, Gasoline Prices Drop At Midnight
PriceSmart To Open Alajuela Store in April
Xoom Introduces Bank Deposit Service To Citibank Accounts

 
Don't Fill That Tank Today, Gasoline Prices Drop At Midnight
Gasoline prices drop ¢52 colones for a litre of super, ¢46 for regular and ¢3 for diesel at the stroke of midnight. The approved reduction was published today in the officials government publication, La Gaceta, and take effect the following day.

This is the first of two major price reductions approved by the Autoridad Reguladora de los Servicios Públicos (Aresep), the second coming in mid December is for a reduction of ¢152 for a litre of super, ¢150 for regular and ¢87 for diesel.

The Aresep a week earlier approved a reduction of ¢204 per litre of super, ¢196 for regular and ¢90 for diesel.

The new prices at the pumps at the stroke of midnight will see gasoline prices set at ¢640 for super, ¢624 for regular and ¢609 for diesel.

The big change is also the mechanism used to set gasoline prices. The Aresep will now be adjusting prices every 15 days instead of the practice of every 30 days. Fernando Herrero, the regulador general, says the change will great benefit consumers with the drop in crude oil prices on international markets.

With the drop in gasoline prices, bus fares are also expected to drop.

 
 
 

 

 

 
 

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