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

Spain Knocks Out Portugal With Late World Cup Winner

Spain waited until stoppage time to break Portugal, then walked out of Dallas with a 1-0 win, a place in the World Cup quarterfinals,...

Costa Rica Prices Rise Again as Gas, Bus Fares and Travel Costs Climb

Costa Rica’s consumer prices rose again in June, with higher gasoline prices, bus fares, airfares and travel packages putting pressure on households, commuters and...

Costa Rica Rents Keep Rising Even as Inflation Stays Low

Costa Rica’s cost-of-living squeeze is showing up in one of the places residents feel most directly: rent. Housing rents rose 3.67% between May 2023...

Colombia Moves Into World Cup Last 16 With Tight Win Over Ghana

Colombia kept South America’s World Cup charge moving late Friday night, beating Ghana 1-0 to claim the final place in the Round of 16...

Costa Rica Bull Shark Festival Highlights Tourism and Conservation

Playas del Coco will host the Festival del Tiburón Toro from tomorrow July 3 until Sunday the 5th, bringing researchers, divers, students, tourism businesses...

Costa Rica Security Gaps Grow After OIJ Budget Freeze

A budget freeze blocking new Judicial Investigation Agency offices in high-risk coastal communities has revived scrutiny of earlier decisions that reduced Costa Rica’s security...

What an Overnight Layover in Panama Really Feels Like

Tocumen International Airport in Panama. My last stop before home. There was an eight-hour layover. A hotel hardly seemed worth it. I had a...

Costa Rica-Linked Seismic Code Gains Urgency After Venezuela Earthquakes

A proposed seismic model code for Latin America and the Caribbean could move toward a final version in 2027, bringing new regional attention to...

Costa Rican Travelers Get New Global eSIM Option

Costa Rican telecommunications brand kölbi has launched a new Global eSIM service with Airalo, giving travelers a way to buy international data packages before...
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
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel