Costa Rica's regulatory agency has approved an adjustment in the price of gasoline that will bring a gallon of super to $6.04. The increase is 30 colons a liter.
Plus gasoline, the lowest grade, is going up 30 colons to 748 colons for a per gallon cost of $5.75. Diesel was 636 colons a liter. The new price is 669 for a gallon price of $5.14
The Autoridad Reguladora de los Servicios Públicos said that the increases were based on the world price of petroleum and the exchange rate, which has not changed much. The agency used 500.13 colons to the U.S. dollar in its calculations.
There also were increases for liquid petroleum fuel, aviation gasoline and jet fuel.
The prices become effective when published in the La Gaceta official newspaper within three to five days, said the authority.
Petroleum is marketed by the state monopoly, the Refinadora Costarricense de Petróleo S.A.