Comments on: RECOPE requests additional increases in gasoline, diesel prices

By: turbooperator

turbooperator — Sat, 11 Jan 2014 22:02:00 +0000

The refinery was shut down some time ago. RECOPE currently only distributes fuel.

By: mhogan

mhogan — Sat, 11 Jan 2014 08:47:00 +0000

What you’re calling for is a forensic audit — ain’t gonna happen; welcome to the banana republic … hahahahahaha

By: WT Baggett

WT Baggett — Sat, 11 Jan 2014 02:21:00 +0000

I worked for a global petrochemical company for 30 years. I retired to Costa Rica. It appears it would be cheaper to shutdown the one refinery in Limon and buy finished product on the spot market and just make Limon a big truck tanker terminal. That would reduce the expense of 75 per cent of operating costs thereby cutting instead of increasing prices.
If the refinery is inefficient, or incapable of meeting the needs of the nation then it should be expanded, or shutdown. More information needs to be supplied as to who RECOPE buys crude from, what price, and how high of a sulfur content they can remove. Also maint contractors should be looked at, to see if any “sweetheart” deals exist in overpriced expenses to maintain operations.
Its all about transparency. If the oil company belongs to the people then they should be forthcoming with more information on why price increase after increase is needed. Crude is holding steady for last 2 years. India has a refinery processing 2 million barrels a day. They are looking for customers, why not Costa Rica?

By: morlaine

morlaine — Sat, 11 Jan 2014 01:21:00 +0000

If RECOPE can’t make ends meet with all the money they are already collecting on gasoline sales, then the government needs to do an extensive audit to see exactly where all this money is going. My guess would be lots of fancy cars and/or houses for people having control of these funds. An audit should be required before approving price increases for government controlled monopolies or utilities. Just the fear of facing an audit should cut down on the requests for increases.