Word: dieselized
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Eight kinds of beer and freshly shucked oysters make the Innamincka Hotel an oasis for travelers on Australia's remote Strzelecki Track. But keeping food and drink cold in the Outback isn't cheap. Every three weeks a diesel tanker must make a 1,600-km round trip from Port Augusta, South Australia, to keep the generators running...
...absolutely brilliant thing," says Leon Cartledge, manager of the hotel, which in busy times gulps about $20,000 worth of diesel a month. "For one thing, you'll be able to come out to the bush and not hear generators humming. And it will be clean power...
...after distributing to Lokali parish, WFP officers in Karamoja are out again in nearby Moruongor. But the food trucks only trundle up to the distribution point at noon, three hours after recipients began gathering along the side of the dirt road. The reason for the delay: the weekend's diesel delivery never arrived from Kampala. "We spent most of the morning getting the little bit of fuel out of the other trucks so we could fill two to drive here," says Simon Okiseng, a senior field worker. "If the fuel doesn't arrive today, there will be no distribution tomorrow...
...Since June 4, gasoline is up by 11%, diesel by 10% and LPG by 17%. The price of kerosene, the most widely used cooking fuel, was left unchanged, but the other increases will push up India's inflation rate, which at 8.24% is already at a four-year high. Public anger is growing. India's leftist parties called for a week of protests after Singh's TV announcement. The states of West Bengal, Tripura and Kerala saw general strikes that emptied the streets. Slogan-shouting housewives marched through New Delhi, while in Mumbai protestors rode bullock carts to show that...
...Despite the dose of economic realism that many governments are finally swallowing, there is one Asian country that has resisted any major easing of price controls. China has raised the retail price of diesel and gasoline by just 9% since January 2007. (Over the same period, the price in the U.S. has jumped 77%.) Observers say China will probably stand pat at the pump until after the Beijing Olympic Games in August. That could keep Chinese happily burning the midnight oil - and keep global oil prices high, since growing demand from China has contributed significantly to crude's price...