The Costa Rican Petroleum Refinery (RECOPE in Spanish) repeatedly requests increases in fuels from the Regulatory Authority, as a result of the upward trend of oil in the international market. The vast majority of Costa Ricans are extremely worried about this trend, because it also propels the prices of all goods and services. As one means to control the trend, Costa Rica is about to join a Venezuelan initiative that enables Central American and Caribbean nations to obtain a better deal on the price of oil. Venezuela is Costa Rica’s leading oil supplier.
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