Starting today, gas prices in Costa Rica will go down a little after huge price increases experienced during the last year. According to the ARESEP, the price reduction in gas will include a ¢52 drop for super gasoline, from ¢692 ($1.26) to ¢640 ($1.16) per liter; a ¢46 drop for plus gasoline, from ¢670 ($1.22) to ¢624 $1.13); and a ¢3 reduction for diesel, from ¢612 ($1.12) to ¢609 ($1.11), yet RECOPE, which is Costa Rica’ oil refinery did request much larger price reductions; all these changes will be fully set up by next week.
Transportation in Costa Rica has been a constant problem since in one side buses are cheap they are old and bus driver keep overloading the buses to almost twice their capacity, also they have become extremely insecure and impossible to ride at night time. ARESEP has announced that they are considering a “historic reduction” of 4.69 percent sometime soon in bus fares as well.
ARESEP has also announced it is changing the process by which fuel price reductions or increases are made that would include a reduction in the calculation period for the average international price of oil reference from 30 days to 15. Although in Costa Rica car prices are quite accessible, people were hesitant about purchasing an automobile due to those incredibly high gas prices and even well known car dealerships had to go out of business in the Alajuela city of Grecia. Costa Rica traffic is also a big problem since the streets are not built for the amount of traffic they receive everyday, causing terrible delays and constant accidents.