Subscribe: Gasoline and petroleum prices are going down
The regulatory agency, the Authoridad Reguladora de Servicios Públicos, ordered a 6% cut in the price of gasoline and an 8% cut in diesel Wednesday.
Super gasoline goes from 627 colones (about $1.16) per litre to 593, a reduction of 34 colones or about 6.3 US cents.
Plus gasoline goes from 599 to 566 colones, a decrease of 33 colones.
Diesel drops from 534 to 493 colones, a reduction of 41 colon.
There are similar reductions for other types of petroleum products supplied by the national monopoly, Refinadora Costarricense de Petróleo, S.A.
The calculations were based on prices and exchange rates from Jan. 28 to Feb. 11, so the regulating agency is always behind the curve. The new prices are effective when published in the government's legal newspaper next Thursday.
The agency was responding to the strength of the colon against the U.S. dollar and world petroleum prices, it said.
March 12, 2010 10:51 am
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