Panama Increases Gas Consumption by 14%

From January to August, fuel consumption increased 14.5% over the same period of 2009.

Monday, October 25, 2010

According to the Comptroller General of the Republic, Panama also saw a 49% increase in imports of petroleum products.

"... From January to August 2010, 575 million 552,000 gallons of fuel were consumed. During the same period last year, 502 million 727 thousand gallons were consumed," Pa-digital.com.pa reports.



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Guatemala Spending 37% More on Oil

September 2011

In the first half of the year, the oil bill reached $1,798 million, an increase of $490 million compared to the same period in 2010.

A rise in international oil prices coupled with an increase in gasoline consumption accounts for much of the country’s increased oil bill.

Gasoline Consumption in Panama Keeps Rising

September 2012

Despite increasingly high prices in the first half of 2012 Panamanians consumed 7.6% more fuel compared to the same period last year.

An article in Prensa.com reports that "Between January and July 2012, 135,692,000 gallons of gasoline were sold, which represents an increase of 7.6% compared to the same period last year, when 126,054,000 gallons were consumed.

Nicaragua's Fuel Bill Increases 80.7%

April 2011

In the first two months of the year, imports totaled $197.1 million, 80.7% more than in the same period of 2010.

The increase in the price of fuel will affect companies' transport costs and these in turn will impact product prices in a kind of domino effect.

Crude oil imports rose 4% in volume terms but in economic terms this equates to $200 million, 80% more than the amount purchased in the same period last year, since the price of a barrel has gone up to $90, according to a report from the Nicaraguan central bank (BCN).

Demand for fuel drops 7% in Costa Rica

November 2008

Last October Costa Rica consumed 1,356,307 barrels of fuel - a 7% drop from the previous month.

Plus 91 gas consumption fell 6.8% going from 319,956 barrels in October 2007 to 297,948 barrels last month. Diesel also was reported to...

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