Gasoline here will drop below the $5-a-gallon mark for Christmas.
The Autoridad Reguladora de los Servicios Públicos has issued new prices for December, and super will be 689 colons a liter when the new prices are published. That’s about $4.81 a U.S. gallon and a 50-U.S. cent cut per gallon.
Plus will be $4.57 a gallon and 655 per liter.
Diesel also is going down but not as drastically. The cut is just 20 centers per U.S. gallon, based on 607 per liter.
The Autoridad recomputes the fuel prices every second Friday of the month based on the dollar exchange rate and the world price of petroleum. which is declining.