No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessFour presidential candidates in favor of breaking fuel monopoly

Four presidential candidates in favor of breaking fuel monopoly

Four of five presidential candidates who took part in a debate late last week said they would support breaking up the fuel monopoly held by the Costa Rican Oil Refinery (RECOPE).

The Costa Rican Chamber of Industries (CICR) organized the debate on Thursday evening, which included Otto Guevara Guth of the Libertarian Movement, Antonio Álvarez Desanti of the National Liberation Party, Rodolfo Piza Rocafort of the Social Christian Unity Party, Mario Redondo Poveda of Christian Democratic Alliance and Carlos Alvarado Quesada of the ruling Citizen Action Party, the only candidate opposed to opening the fuel market.

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.

Alvarado, 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.

Guevara noted that he was pleased that Álvarez, Piza and Redondo supported the idea of breaking RECOPE’s monopoly, which he described as “a libertarian idea, now being embraced by other parties.”

Agreements

Aside from their opinions about RECOPE, candidates agreed on most other economic issues, the focus of the debate moderated by former CNN journalist Alberto Padilla.

All five of them agreed that they would support a boost in the use of natural gas and in the creation of an Energy Ministry.

They also agreed with the idea of supporting more contracts between public and private-sector companies for the construction of public infrastructure projects, as well as measures to improve public finances — mostly by cutting public spending — and better hiring regulations for public workers.

Some other parties have already confirmed their candidates for the 2018 presidential election. The CICR, however, indicated that it only invited candidates “who have shown support for the private sector’s contribution to the development of Costa Rica.”

Trending Now

Costa Rica Airport Partners With U.S. Embassy on Travel Safety

Guanacaste Airport in Liberia has become the first airport in Costa Rica to partner with the U.S. Embassy to promote the Smart Traveler Enrollment...

Costa Rica Braces for Extended El Niño With Water Rationing and Inflation on the Horizon

Costa Rica is bracing for an extended El Niño event that meteorologists now expect to grip the country from June through the second half...

Costa Rica Opposition Defends Mining Ban as Crucitas Crisis Deepens

Four opposition factions in Costa Rica's Asamblea Legislativa have closed ranks against the executive branch's bid to reopen metallic open-pit mining in Crucitas, ratifying...

US Has Deported 95 Migrants to Costa Rica; Doctors Warn of Disease Risk

Costa Rica has now received four flights of migrants deported by the United States under the bilateral agreement signed in March, bringing the total...

New Species Found Buried in the Sand at Costa Rica’s Playa Naranjo

A newly identified marine worm species with coloring similar to a jaguar’s coat has been found on Costa Rica’s Pacific coast, adding another species...

Panama Suspends Energy Sales to Costa Rica After Criticism

Panamanian President José Raúl Mulino announced Thursday that his government has suspended plans to sell electricity to Costa Rica.He linked the decision directly to...

Costa Rica Mangrove Bees Create Unique Honey in Puntarenas

Families in El Establo de Pitahaya, Puntarenas, are building a small community business around one of Costa Rica’s more unusual local products: honey made...

Costa Rica’s La Negrita Basilica Hit by Gunfire as Worshippers Attended Mass

Costa Rica's most important Catholic pilgrimage site was struck by gunfire during Saturday morning Mass, with two bullets shattering windows on the south side...

Keylor Navas’ Heroics Not Enough as Pumas Lose Dramatic Liga MX Final

Keylor Navas came within minutes of another major title Sunday night, but Pumas UNAM saw the Liga MX Clausura final slip away in stoppage...
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador

Live prediction market odds via Kalshi. Updates every 60 seconds.
Kalshi is available to US residents 18+. The Tico Times may earn a commission from new signups.

Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel