Get ready for higher gas prices, on Tuesday there was a gas hike approvedthat will increase the price of a litre of gasoline of more than ¢109 colones.
The hike will take effect on Thursday March 22, when the cost of a litre of super gasoline will go from the current ¢615 to ¢724, for regular from ¢600 to ¢706 and for diesel from ¢575 to ¢645.
According to the Areept, the increased is based on the application of the automatic formula for changes in price for January and February, in addition to the application of the " impuesto único".
The resolution approving the increase will be sent to the national printer, La Gaceta, today but will not be published until Wednesday next week, prices taking effect the day after.
This is the first that an increase exceeds more than ¢100 colones and breaks the record price of July 2011 when a litre of super cost ¢740, regular ¢726 and diesel ¢627.
And, brace yourself for even higher prices as the Aresep evaluates another increase request by the Refinadora Costarricense de Petróleo (Recope) that could raise prices another ¢22 for a litre of super and ¢29 for regular and diesel.
According to the Areept, the increased is based on the application of the automatic formula for changes in price for January and February, in addition to the application of the " impuesto único".
The resolution approving the increase will be sent to the national printer, La Gaceta, today but will not be published until Wednesday next week, prices taking effect the day after.
This is the first that an increase exceeds more than ¢100 colones and breaks the record price of July 2011 when a litre of super cost ¢740, regular ¢726 and diesel ¢627.
And, brace yourself for even higher prices as the Aresep evaluates another increase request by the Refinadora Costarricense de Petróleo (Recope) that could raise prices another ¢22 for a litre of super and ¢29 for regular and diesel.
In gallons and dollars that is:
Super - $5.45 per gallon
Regular - $5.31 per gallon
Diesel - $4.85 per gallon
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