Bolivia Oil Price Gouging Crackdown: 100 Boxes Seized in Sucre

Sucre, Bolivia: 100 Boxes of Oil Seized in Price Gouging Crackdown The municipal government of Sucre, Bolivia, recently conducted a successful operation to combat oil price speculation, seizing 100 boxes of cooking oil that were being illegally hoarded for shipment to other departments. The operation, which took place on May 25th, 2025, targeted businesses suspected of artificially inflating oil prices. The confiscated oil will now be sold at a fair price to local residents. "We have intercepted 100 boxes of oil that were being prepared for shipment outside of Sucre," explained Marcelo Pérez, Director of ODECO GAMS, in an interview with BOLIVIA TV. "This oil was being hoarded to create artificial scarcity and drive up prices. We are committed to ensuring that essential goods remain accessible to all citizens at a fair price." The operation is part of a larger effort by the Sucre municipal government to regulate the sale of essential goods and prevent price gouging. The government's swift action has been praised by many residents, who have expressed concerns about the rising cost of living. The successful seizure of the oil serves as a clear message that the government is committed to protecting its citizens from unfair business practices and ensuring access to essential goods at affordable prices.