Gasoline to take 85- to 109-colon dip

As expected, the price of gasoline continues to decline along with the world price of petroleum.

The Autoridad Reguladora de Servicios Públicos said Friday that the super gasoline would decline in price 109 colons per liter to 580 colons. Plus gasoline would decline 103 colons a liter to 552 colons and that diesel would decline 85 colons to to 522 colons. The decreases are from 15.5 to 20 U.S. cents per liter.

The calculations were based on petroleum at $70  barrel. The current price is about $47 a barrel, but the Costa Rica price fixings are always about six weeks behind.

The prices will go into effect sometime this week after the calculations are published as a decree in the official newspaper.

The gallon prices will be super $4.03; plus, $3.82. and diesel, $3.63.

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