Saturday, September 30, 2023

Logo Central America Link

Costa Rican candidates aim to break state fuel monopoly

Monday, July 31, 2017

Four of five Costa Rican presidential candidates who took part in a debate late last week said they would support breaking up the fuel monopoly held by the state-owned Recope oil refinery.

The candidates who agreed on the opening said consumers should not pay for financial perks for Recope employees, which the agency includes in its fuel price calculations.

The lone voice against lifting the monopoly, said that people need to stop thinking about the past. “Instead of opening up the fuel monopoly, we need to take steps towards new technologies, such as electric transportation,” he said.

Source: Tico Times