Thursday 1 June 2023

Lower gasoline prices on the way

Paying the bills

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1 June 2023 - At The Banks - Source: BCCR

Paying the bills

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QCOSTARICA – The regulatory authority, the Autoridad Reguladora de los Servicios Públicos (ARESEP) is processing a reduction of ¢84 for a liter of diesel, ¢80 for a liter of regular gasoline and ¢30 for super.

The reduction would also affect other fuels, such as LPG.

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This exceeds the expectation of decrease that the Refinadora Costarricense de Petróleo (RECOPE), the Costa Rican refinery that refines nothing, had made public earlier in the month.

In this way, a liter of diesel would drop from the current ¢717 to ¢633, regular from ¢756 to ¢676 and super from ¢777 to ¢747.

This adjustment must go through a public hearing process prior to its resolution, which means it will be some time before the price change hits the pumps and the pockets of consumers.

 

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