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Gasoline prices comes out of a 16-week freeze and will rise in early September

(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...

Decree reduces price of jet fuel in order to encourage tourism

The price in Costa Rica of jet fuel will be reduced by eliminating the subsidies on liquefied petroleum gas (LPG), bunker, asphalt and asphalt emulsion. The measure is concretized through a decree and is part of the plan promoted by the government for the revival...

Aresep approves lower fuel prices, but there will be no reduction in the price at the pumps

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...

The Costa Rican model for fuel prices to the consumer

One of the methods to take advantage of the current international oil market conditions and reduce fuel prices, the highest in the region, is to change the model of price calculation and fixing. But don't expect that any time soon. According to the data from Centralamericandata.com,...

Fuel prices will return to the amounts of March 4 to subsidize workers affected by crisis

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...

Coronavirus: Recope asks for a reduction of up to ¢34 in fuels

The coronavirus pandemic, which has millions of people in their homes due for fear of contagion, continues to have positive effects on the pockets of consumers in Costa Rica, more particularly drivers. On Friday, the Refinadora Costarricense de Petróleo (Recope) - Costa Rican Oil Refinery...

Big Drop In Fuel Prices Approved

The impact of the new Covid-19 coronavirus on the international oil price market is the reason given by the Autoridad Regulador de los Servicios Públicos (Aresep) - Public Services Regulatory Authority - approving a reduction in the price of fuels in Costa Rica. The reduction...

Big Drop In Gasoline Prices Expected

The Refinadora Costarricense de Petróleo (Recope) - Costa Rican Petroleum Refinery, on Friday presented a request for a reduction in fuel prices to the Public Services Regulatory Authority (Aresep). If approved, regular and super gasoline prices will drop ₡40 colones a litre, and diesel ₡63. The...

Recope plans to sell super gasoline with 8% ethanol starting in June

After nine failed attempts, the Refinadora Costarricense de Petróleo (Recope) - the State gasoline distributor - will resume this year the idea of ​​distributing super grade gasoline mixed with ethanol. The target is June. This is revealed by Recope's forecasts in its 2020 spending plan, estimating...

Fuels More Expensive This Tuesday Morning

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...

Big Gas Price Drop Tonight!

At midnight tonight (Wednesday), the price of a liter of super gasoline will drop ¢60 colones, for regular ¢57 and ¢17 for a liter of diesel.   With this change, the price per liter of super gasoline, at 12:01 am Thursday, August 29, 2019, at all...

Gas Prices Increase At Midnight Monday

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...

Major Gas Price Hike Coming Our Way

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...

When is a good time in the day to fill-up the car?

The Defensoria de los Consumidores Costa Rica (Consumer Defense Costa Rica) Facebook page is recommending buying gasoline in the morning, when temperatures are low, this makes gasoline thicker. Surfing the Internet you will find tons of tips suggesting ways to get more for your money,...

Gas Prices Increase ¢73 Tomorrow!

Best to fill the gasoline tank before the end of the day today, Friday, or be prepared for a clubbing as gasoline prices increase at Saturday a whopping ¢73 colones for a liter of super, ¢67 for regular and ¢26 for diesel. The increase was...

High Gas Prices Return: RECOPE Looking For A ¢73 Hike

The State refinery, Refinadora Costarricense de Petróleo (Recope), requested on Friday, April 12, approval for a gasoline price hike that, if approved, would take effect in May. If approved, a liter of super gasoline would go from the current ¢618 to ¢691, regular from ¢602...

Recope’s Plan For Ethanol Nixed

The central government announced this Tuesday morning the suspension until further notice the plan by the State refinery to replace super gasoline with an ethanol mix by the end of May. Five days ago the Refinadora Costarricense de Petróleo (Recope) announced its intention to replace...

Doubts And Objections Over Ethanol

On Monday, the Recope faces a multitude of doubts and objections on its plan to replace super gasoline with an ethanol mix starting on May 29.

Recope’s Plan For Ethanol Faces Appeals and Objection From Politicians

The plan by the State refinery RECOPE to replace super gasoline with an ethanol mix called Eco95 starting at the end of May faces appeals before the Constitutional Court or Sala IV and objection from opposition political parties. On Monday, the press office of the...

Substitution of Super gasoline with ethanol mix generates reservations among consumers

The substitution of super gasoline for an ethanol mix is generating reservations among consumers. The main concern is especially for older engines, that will be damaged without modifications and constant maintenance. Juan Ricardo Fernández, president of the Asociación de Consumidores Libres (Association of Free Consumers),...

Older cars and newer ethanol gas. Is that a devilish mixture or a match made in heaven? 

Rico's TICO BULL - If you are like me, have older cars, the question with respect to RECOPE's decision to replace 'super' gasoline with an ethanol mix, is it safe to use in older engines? In my case, I have two older vehicles, a 1975...

RECOPE will replace super gasoline with ethanol to reduce emissions

The Refinadora Costarricense de Petróleo (RECOPE) confirmed that it will sell start gasoline with ethanol under the name of 'Eco 95', to replace super, starting May 29, 2019. This fuel will be ¢7 colones cheaper than the current super, with a retail price of ¢613.05...

Central America: Fuel Prices For The Week Of March 17-23

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...

Recope Can Operate With 40% Of Its Staff

According to the Minister of the Environment: "Recope can operate with 40% of its current staff".

Costa Rica’s Mafia

When the word mafia is mentioned, the first things that usually comes to mind are the likes of Al Capone, La Cosa Nostra, The Mob or Pablo Escobar. Well, the government mafia in Costa Rica is not as evil as those just mentioned but...

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,...

Sala IV Upholds Remand For Convicted Recope Worker

The Constitutional Court or Sala IV as it is also known considered it justified that six months of preventive detention ordered against a Recope worker, sentenced to two years in prison for causing damage to the plant in Moín, Limón. The magistrates rejected a writ...

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),...

Gas Stations Back Off On Threat After Quick Action By Ministry of Finance

All is cool again at the country's gasoline stations. The threat of not accepting credit and debit cards starting today as announced Monday night was called off thanks to the "prompt" reaction by the Ministerio de Hacienda (Ministry of Finance). This morning, Tuesday, José Miguel...

Goverment To Appeal Decision Declaring Recope Workers Strike

President Carlos Alvarado on Tuesday requested the Attorney General to file an appeal on the appeals court decision, declaring the Recope worker's strike legal. The appeals court decision overturned an earlier court decision. As pointed out by the Q legal expert, Rick Philps, the decision...

Appeals Court Declares “Legal” Strike By Recope Workers

The long-running public sector strike got a boost on Monday with the Labor Court decision declaring legal the movement by the Refinadora Costarricense de Petróleo (Recope). The Tribunal de Apelación de Trabajo del II Circuito Judicial de San José said the judge who qualified the...

RECOPE Requests Increase In The Price of Fuel

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...

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