Fifth consecutive rise in fuel prices in Nicaragua

Gasoline and diesel prices increased again on the weekend, for the fifth consecutive week in Nicaragua.

Monday, June 16, 2008

The price of high-grade gasoline went up from 5.01 dollars a gallon to 5.21, while regular gas rose from 4.96 to 5.16 dollars. Diesel fuel prices also went up, from 4.92 dollars a gallon to 5.13.

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Fuel prices continue to rise in Nicaragua

April 2008

Fuel prices continue their upward trend in Nicaragua, reflecting the rising prices of petroleum in international markets.

On Sunday the price of a liter of diesel fuel increased from 21.95 córdobas (1.15 dollars) to 22.65 córdobas (1.19 dollars), rising for the second consecutive week.

New fuel increase in Panama

April 2008

A new high for fuels has gone into effect in Panama, where the social pressure cooker will be making steam as a result of the high costs of necessities.

The Authority for the Protection of the Consumer and the Defense of Competition announced that 95 octane gasoline is going up by five American cents, to 3.90 dollars a gallon.

El Salvador: Price referencing mechanism comes into force

September 2008

Starting yesterday, and every Monday from now on, the Ministry of the Economy will publish the "official" price reference to regulate the fuel market.

The new mechanism announced yesterday by the Minister of the Economy, and the new director of petroleum and mining, Francisco Antonio Peña Rodriguez, includes a formula that considers at least four variables to determine the local price of a gallon of fuel sold at the pump.

Costa Rica: Highest fuel prices in the region

September 2008

Costa Rica has the highest fuel prices in Central America and Honduras has the lowest.

According to a report presented last week by the Guatemalan Ministry of Energy and Mining and which periodically measures the public price of the main fuels, points out that in Costa Rica the price of a gallon of super gasoline is higher than $5.29; regular gasoline is $5.21; and diesel is $5.25.

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