“The fuel hike increases will bring the cost of filling a 40-liter tank with gasoline to the equivalent of around $23, compared to an average monthly state salary of less than $16. Reuters also reported that the government would open 29 fuel stations that accept payment only in dollars, creating the potential for “privileged access to gasoline”.
The Cuban government can no longer manage a massive subsidy campaign that puts subsidized prices on nearly all essential goods and services.
“The country can not maintain the price of fuel, which is the cheapest in the world,” media cited Economy Minister Alejandro Gil as saying on Monday.
What happens when they stop?
A lot of Cuban tobacco farmers use oxen as the primary source of transport.
The left turns everything into the Dark Ages.
I’m curious why Russia hasn’t given them all kinds of missiles yet. you know, proxy-war, and all that.
At least you can sleep outside in Cuba, if all else fails.
But....but....at least they have free healthcare.
article from the same source:
Oil demand will continue to set records this year, with global demand growth expected at nearly 2 million barrels per day (bpd) compared to 2023, Wood Mackenzie said in a report on Thursday.
China will account for around 25% of the worldwide growth in oil demand, according to the energy consultancy.
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“Continuous improvements in economic activity, steady manufacturing, and transportation activity mostly in China, Other Asia, and the Middle East, as well as in India and Latin America, are expected to account for the bulk of oil consumption,” according to OPEC.
Who the hell is running things down there? Joe Biden?
I didn’t know Biden also ran Cuba as well
That’s what bicycles are for. Besides, there’s not that many cars in Havana. A lot of them vintage 1950s models.
They should just ban all cars made before the higher fuel standards.
ain’t communism grand