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Frustrate "Paseo Millionario"
Gasoline
Prices Ups and Downs
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Gasoline
Prices Ups and Downs
Gasoline prices in Costa Rica are controlled
and set by the Autoridad Reguladora de los
Servicios Públicos (Aresep), which on the
request of state refinery, the Refinadora
Costarricense de Petroleo SA (Recope),
monthly review gasoline prices and fix the
price.
The Aresep takes into consideration the
Recope request, analyzes the current prices
of crude oil on international markets and
then holds a public hearings before making a
decision.
Once the decision is made, it is announced
and then must be published in the official
government publication, La Gaceta, and
prices take effect at the pumps the
following day.
The confusion comes when, earlier this month
the Aresep approved a hike and yesterday
announced a round of price changes it is
considering for April, which will not be
approved for weeks to come.
The price of gasoline takes of ¢52 colones
for a litre of super, ¢45 for regular plus
and a drop of ¢20 colones for diesel, on
Friday (March 20), as the notice is
scheduled to be published on Thursday.
Meanwhile news of a reduction of ¢29 colones
for a litre of diesel and ¢3 for super is
only in the discussion stage.
So, to make things crystal clear, the
following are the current and new prices
changes approved:
- a litre of super gasoline sells today for
¢435 and increases to ¢487 on Friday
- a litre of regular gasoline sells today
for ¢429 and increases to ¢474 on Friday
- a litre of diesel sells today for ¢435 and
will drop to ¢415 on Friday
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