Posted by hornsant on 19th of Jun 2008 at 02:10 pm
It seems that once governments decide to cut back on
gasoline susidies the price of oil should come down due to
significant cut in demand, Here in Chile the government just steped
in two weeks ago and is subsidizing both gasoline and nat gas,
since we are net importers there where no alteratives.
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Posted by hornsant on 19th of Jun 2008 at 02:10 pm
It seems that once governments decide to cut back on gasoline susidies the price of oil should come down due to significant cut in demand, Here in Chile the government just steped in two weeks ago and is subsidizing both gasoline and nat gas, since we are net importers there where no alteratives.