Tag: fuel prices

QCOSTARICA - The Refinadora Costarricense de Petróleo(RECOPE - the refinery that does not refine anything - requested the sixth consecutive fuel hike in 2021. As in previous months, the company justified the request in the increase in international fuel prices. According to the request presented this...

QCOSTARICA - The latest increase in fuel prices - the fifth consecutive this year - took effect at the pumps across the country early this morning. The increase is of ¢8 per liter of super gasoline and ¢6 for the liter of regular, while diesel...

QCOSTARICA - The Autoridad Reguladora de Servicios Públicos (Aresep) - regulator of public services - approved on Friday a new increase in the price of fuels at the request of the Refinadora Costarricense de Petróleo (Recope). The price hike will be ¢8 colones for a...

QCOSTARICA - If you haven't gotten over the whopping increase in fuel prices that went into effect this Wednesday, ready for another, the fifth consecutive this year, as the do nothing Costa Rican refinery made its latest request on Friday. The request, that would take...

The RECOPE, the Costa Rican refinery that doesn't refine anything, washes his hands and blames Aresep, the regulating authority, for the latest whopping increase in the price of fuels.

QCOSTARICA - The Regulatory Authority of Public Services (Aresep) approved the latest request by the Costa Rica refinery that does not refine anything, RECOPE, for a price increase on fuels. The increase is between ¢36 and ¢57 per liter, according to the Aresep Energy Intendant,...

QCOSTARICA - On Wednesday, October 28, the lower fuel prices for Super, Plus 91 and Diesel fuel will go into effect. Prices at the pumps will drop ¢37 colones per liter for Super, ¢32 for Plus or Regular and ¢47 for Diesel. LPG will increase...

(QCOSTARICA) The 16-week freeze in the price of gasoline will conclude at the end of the month, with an increase in prices in early September. On Friday, August 14, the RECOPE  made a request to the Public Services Regulatory Authority (Aresep) for an increase in...

The Autoridad Reguladora de los Servicios Públicos (Aaresep) - Regulatory Authority of Public Services - approved a decrease in fuel prices, except for super and regular gasoline, which will maintain its March 4 prices, the difference to be used by the government to fund...

With 49 votes in favor and one against, legislators on Monday approved a bill that will take advantage of the reduction in fuel prices to finance subsidies for workers affected by the coronavirus crisis. The plan will introduce an additional source of financing to nurture...

Filling up your gas tank today is more expensive with the latest fuel increase that took effect at 12:01 am this Tuesday. Super gasoline increased ¢18 colones per liter, plus (regular) ¢19 and diesel ¢18 colones. With this increase, the price of a liter of super...

While fuel prices in Central America show an increase, Costa Rica continues with the highest up to september 23. The per US gallon of regular gasoline: Costa Rica $3.97, Nicaragua $3.55, Honduras $3.40, El Salvador $3.09, Guatemala $3.09 and Panama $2.83. Click here for the...

Nicaragua paid a total of US$411.5 million in the first 5 months of this year for the purchase of 5.7 million barrels of crude oil and its derivatives, 3.95% lower compared to the same period of 2018 when the country paid US$428.4 million, according...

At the stroke of midnight tonight, Monday, gasoline stations will be charging more for gasoline and diesel. For clarity, the price change is effect at 12:01 am Tuesday, August 6, when the price of a liter of super gasoline will increase ¢31, regular ¢26 and...

Get ready for another gas price hike coming our way next month (August). The government regulator, Aresep, approved the following price increase: ¢31 colones for a liter of super ¢26 colones for a liter of regular (plus 91), and ¢14 colones for a liter of...

Costa Rica has the highest gasoline prices in Central America. There is no denying that. A situation that places the country at a competitive disadvantage and affects the pocket of all consumers. One of the reasons for the high fuel prices is the tax component...

The increase in reference prices for this fortnight is because gasoline inventories have experienced their largest decline since February until the last weekly report provided on Wednesday March 20 by the International Energy Agency (IEA). During the last five consecutive weeks, gasoline reserves have decreased...

The Refinadora Costarricense de Petróleo (RECOPE) requested on Friday an increase in the price of fuel from the regulating authority, the Autoridad Reguladora de Servicios Públicos (Aresep). The RECOPE cited the upward trends in the international market and the rise in the dollar exchange as...

Update: The original post did not reflect the fuel price increase that went into effect at 12:01am this Thursday. The current fuel prices at all pumps across the country is ¢680 (down ¢1) a liter for super, ¢663 (no change) for regular or plus,...

In May, the Consumer Price Index (CPI) registered a negative monthly variation of 0.11%, mainly explained by the prices of the Transport sector, and Food and non-alcoholic beverages. From a report by the National Institute of Statistics and Census of Costa Rica (INEC): Of the 315...

Fuel prices in Costa Rica and Central America are up, with Costa Rica having the highest prices in the region. According to data by Acodeco.gob.pa, the price of a gallon of regular gasoline (as of June 4) are: Costa Rica $4.22 Nicaragua $3.99 Honduras...

Q COSTA RICA - The second fuel price hike of the year is expected to take effect likely by the weekend. And a third is waiting approval. Last Friday, January 27, the Autoridad Reguladora de los Servicios Públicos (Aresep) - regulator of public prices and...

Q COSTA RICA - Perhaps a public outcry, calling for the government to open the fuel market and some even calling for a complete break up of the state refinery, is the reason behind the Refinadora Costarricense de Petroleo (RECOPE) proposal for a change...

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)...

  (QCOSTARICA) Costa Rica continues with the highest fuel prices in Central America. In a report by Centralamericandata.com, converting prices to per U.S. gallon, Panama has the lowest at US$3.22, while in Costa Rica US$4.50 (not taking into account the latest increase occurring last week). Variations...

(QCOSTARICA) Starting this week, the price of gasoline will jump ¢43 colones per litre of super, ¢35 for regular and ¢36 for diesel fuel. Thus, the new price of a litre of super gasoline will be ¢643 (from ¢600), regular ¢610 (from ¢575) and diesel...

QCOSTARICA - The Aurtoridad Reguladora de Servicios Publics (ARESEP) - regulator of public prices and services agency, has instructed the state refinery, Refinadora Costarricense de Petroleo (RECOPE) to give back money to Costa Ricans. TheARESEP, whose audit was prompted by a request by legislators of...