Gasoline prices are going down by as much as 62 U.S. cents a gallon.
The nation’s regulatory agency approved December prices that cut the per-liter cost of super gasoline by 81 colons and the per-liter cost of plus gasoline by 71 colons.
Diesel will be reduced by 27 colons per liter. The new per-gallon prices will be $5.29 for super, 5.11 for plus an 4.92 for diesel, based on A.M. Costa Rica computation.
There are about 3.8 liters in a U.S. gallon.
The agency, the Autoridad Reguladora de los Servicios Públicos, said the major reason for the decrease in price was the drop in petroleum prices.
There were lesser reductions in other petroleum produces, such as aviation gasoline and jet fuel. Liquid petroleum gas will go up 13 colons per liter, according to a report from the agency. Many Costa Ricans use this type of fuel for cooking.