Costa Rica Blogs - Newsfeeds

The regulatory authority has approved the eighth increase in gasoline prices this year. The increase is about 4 percent for super gasoline. The price goes from 575 colons to 597 colons per liter. regular goes up 23 colons or 3.2 percent from 550 colons to 573. There are 515 colons to the U.S. dollar at the current rate.

Diesel is going up just 3 colons a liter, from 380 to 383, said the Autoridad Reguladora de los Servicios Públicos.

Jet fuel, aviation gasoline, kerosene and liquid petroleum gas are going up, too.

The increases are based on a formula that takes into account the costs for production and distribution for the  Refinadora Costarricense de Petróleo, the national monopoly.

This entry was posted on Friday, August 4th, 2006 at 10:03 am and is filed under Business and Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.