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Costa Rica Continues With The Highest Gasoline Prices In The Region

Costa Rica continues with the highest gasoline prices in the region. Price per U.S. gallon of regular gasoline in Costa Rica is US$3.48, Nicaragua US$3.28, Honduras US$3.19, El Salvador US$2.81, Guatemala US$2.75 and Panama US$2.56. The increase in the reference prices for the current fortnight,...

BIG Price Drop In Gasoline At Midnight!

At midnight tonight, a sharp decrease in gasoline prices takes effect. The price drop was approved by the Autoridad Reguladora de los Servicios Públicos (Aresep) on December 14, and published at noon today in the official newsletter, La Gaceta. At 12:01 am Thursday (Jan. 10),...

Costa Rica Consuming More Fuel, RECOPE Reports Increase in Sales

Between the first half of 2017 and the same period this year, the state oil company, RECOPE, reported a 4% increase in sales. According to the most recent data from the institution, from January to June of 2018 sales ascended to 1.737 million liters of...

What Goes up Might Keep Going up

Costa Rica, might well challenge Isaac Newton’s theory that what goes up must come down. The cost of living keeps going up and does not seem to come down. “Greed” is just another way of saying “Pura Vida.” Right now in November, we have a...

Costa Rica’s Inflation Rose In February

Q COSTA RICA - Costa Rica's annual inflation fo February 2017 was 1.09%, the consumer price index showingd a monthly variation of 0.40% and an accumulated inflation of 0.97% so far this year. The groups with the greatest contribution to the CPI in February 2017...

Drop In Gasoline Prices Approved

Q COSTA RICA - This week we will see the first drop in gasoline prices for the year. Following three consecutive increases in fuel prices, the Autoridad Reguladora de los Servicios Públicos (Aresep) on Friday approved a drop of ¢27 colones per litre for...

Costa Rica Continues With Highest Gasoline Prices In The Region

Q COSTA RICA - The volatility of international prices of fuels in the oil market persists, being the main factor affecting prices in Central America. Despite the instability of oil prices and their fluctuations are permanent factors, predictions about future prices is unpredictable, however, in...

Gasoline Prices To Drop

Q COSTA RICA - Good news for drivers, gasoline prices may drop by the end of the month, following a request by the state refinery, the Refinadora Costarricense de Petróleo (Recope), for reduction of ¢23 and ¢25 colones for a litre of regular and...

Gas Prices To Drop This Week

Q COSTA RICA NEWS - After being stalled for several weeks, the two pending request for a reduction in fuel prices was approved by the he Public Services Regulatory Authority (Aresep) on Monday. Once published in La Gaceta before the end of this week, the...

Regulator Freezes Drops In Gasoline Prices

(TICO BULL by Rico) Just when I thought I had seen it all, here’s a new one: we continue to pay high gasoline prices because, according to the government regulator we must while the Constitutional Court considers a claim of unconstitutionality of the method...

Does Costa Rica Really Have The Most Expensive Gasoline?

(QCOSTARICA) It is common to hear that gasoline in Costa Rica is expensive. But is it really so? When comparing prices with the rest of the world, Costa Rica is 74th of 160 in the world, far from being the most expensive. The LaRepublica.net provides an...

Gasoline Stations Dispensing Less Fuel Than Paid For: Report

(QCostarica) Ever feel that your car is not going the distance, just as far after filling up? Just your imagination? Not if you filled at any of the 21 gasoline stations identified Autoridad Reguladora de los Servicios Públicos (Aresep) as short-changing customers. Some have been...

Costa Rica Woke Up More Expensive This Morning

Hikes in Gasoline, Tolls and Electricity took effect This morning, Friday July 1. The lines were long at many gasoline stations Thursday night, filling up ahead of the ¢84 colones increase in the price of a litre of super gasoline, ¢77 for regular (or plus)...

Big Drop In Gasoline Prices Expected For Next Month

QCOSTARICA - Get ready for a big drop in gasoline prices, coming this way next month. The  Autoridad Reguladora de los Servicios Públicos (Aresep) - regulator of public prices and services - confirmed on Monday that it will on September 11 start the process of...

Drop in Fuel Prices In Effect On Thursday

QCOSTARICA - Whatever you do today,  DO NOT FILL UP YOUR GAS TANK, as the price of fuel takes drop effective at midnight tonight. On Thursday, the price of a litre of super gasoline will drop ¢44 colones, ¢39 for regular and ¢28 for diesel. At...

Costa Rica Still With The Highest Fuel Prices In The Region

(qCOSTARICA) In a report by Centralamericandata.com of a roundup of gasoline prices in Central America up to July 20, Costa Rica leads the pack with the highest prices. Converted to U.S. gallon and U.S. dollars for comparison, the reports pegs the the price of a...

Gasoline Prices Lower Today Than In 2010

(QCOSTARICA) Currently, the average salary of a professional allows filling 33 forty litre tanks of gasoline, while in 2010 it only filled 25. Thus, the cost of a litre of gasoline is lower today than five years ago, despite the recent increases, and considering the...

Gasoline More Expensive This Morning; Diesel Drops

(QCOSTARICA) The price of a litre of super and regular gasoline is higher this morning, ¢29 and ¢26 respectivley, while a litre of diesel drops ¢16. The regulating authority, the Autoridad Reguladora de Serviciso Publicos - ARESEP, says the adjustment is due the start of...

Costa Rica Continues With Highest Fuel Prices In The Region

QCOSTARICA - Despite the internationally decline in prices on petroleum products as a the result of oversupply in the market and the slowdown in demand in Europe and China; in Costa Rica, fuel prices continue the highest in the region. Accordiong to Centralamericanda.com, a round...

Gas Prices in Central America Up to March 2

QCOSTARICA - A Gallon* of regular gasoline is priced at: US $2.56 in Panama , US$2.71 in El Salvador, US$2.86 in Guatemala, US$3.40 in  Honduras, and US$3.52 in  Nicaragua and Costa Rica. During the month of February, the price of WTI (West Texas Intermediate) in...

Gas Price Hike On The Way!

QCOSTARICA - The honeymoon of gasoline price reductions is over. On Friday, the regulatory agency, the Autoridad Reguladora de los Servicios Públicos (Aresep), approved a gasoline price increase that is to take effect this coming week. The Aresep approval will increase the price of super...

Business Warns Closures Are Much More, Just Not All Have Come To Light Publicly

QCOSTARICA - Beyond the announcement Saturday by Burger King closing four locations, the business sector warns that many more have closed or will close, just not all have come to light publicly. Just in the first two months of 2015, businesses that closed their doors...

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