Gas Prices Go Up in Costa
Rica While Price of Crude Drops
Please do tell, are we missing something? According to Bloomberg the
price of crude oil fell to the lowest close in the more than seven
weeks in New York on concerns of inventories will extend increases
as demand drops.
According to Bloomberg the price of crude oil for March delivery
fell to us$33.98 a barrel on the New York Stock Exchange, the lowest
since December 19 and fifth consecutive daily decline, as oil prices
are down 24% this year and 63% from a year ago.
Then, why is it that we are begin asked to pay more for gasoline in
Costa Rica?
This morning the country woke up to the first gasoline price hike
this year, as the price of a litre of super gasoline jumped ¢16
colones, regular ¢18 and diesel ¢3.
And, to add insult to injury, the Autoridad Reguladora de los
Servicios Públicos - regulating authority - is expected to be
presented by the state refinery, Recope, a request for another
increase of ¢40 colones for a litre of super, ¢30 for regular,
however, a drop of ¢11 for diesel fuel will be requested.
Uh?
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