Refinery asked for a price cut on gasoline. Honest!

Stop the presses! The national petroleum refinery is seeking a 30-colon-per-liter price cut on gasoline.

The refinery, the Refinadora Costarricense de Petróleo S.A., said its request was to the Autoridad Reguladora de los Servicios Públicos. It said that a decline in the world price of petroleum justified the reduction.

The Autoridad will be making a monthly price determination Friday. The amount specified, 30 colons, is about 5.6 U.S. cents. The state firm said that the price of diesel should remain the same but gave no reason in a statement.

Costa Rica, which imports all its petroleum, has the highest prices in Central America. The refinery usually does not comment on prices, so the statement appears to be public relations.

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