Posted by: Idioma Extra | October 4, 2010

Monday´s News

Gasoline prices dropped, regulating agency reports


Both plus and super gasoline is going down 14 colons a liter this month, and diesel is going down 11 colons to 487 colons (96 U.S. cents).

A liter of plus will cost 548 colons ($1.08), and a liter of super will cost 573 colons per liter or $1.13. The dollar prices are based on today’s exchange rate of 507 colons.

The price regulating agency, the Authoridad Reguladora de Servicos Públicos, said that the price change was due to the changes in the international price of petroleum and the exchange rate of 510 colons to the U.S. dollar. This is a monthly announcement by the agency. Prices will go into effect when the action is published in the La Gaceta official newspaper.

Word of the day
Pronunciation: \pə-ˈtrō-lē-əm, -ˈtrōl-yəm\
Part of speech: Noun
Origin: Middle English, from Medieval Latin, from Latin petr- +oleum oil — more at oil
First Known Use: 15th century
:an oily flammable bituminous liquid that may vary from almost colorless to black, occurs in many places in the upper strata of the earth, is a complex mixture of hydrocarbons with small amounts of other substances, and is prepared for use as gasoline, naphtha, or other products by various refining processes

More Vocabulary
Agency: n. an establishment engaged in doing business for another
Effect: v. to put into operation
Regulate: v. to bring under the control of law or constituted authority
Super: n. petrol with a high octane rating

Love those Phrasal Verbs!

Go down: to decrease or subside, as in amount or size

  • If the stock market values keep going down, I will be left bankrupt!


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