NewsWhore
06-30-2008, 04:30 PM
The Ministry of Industry and Commerce has suspended the sale of subsidized diesel fuel to the transport unions. Saturday's announcement by minister Melanio Paredes was forced on the government as a result of the continuing increase in the price of a barrel of oil. Over the weekend the price of oil hit US$142 a barrel. In a press release handed out to reporters, Paredes said that a number of alternatives were being discussed with transport leaders in meetings coordinated by OPRET - the Transport Reorganization Office. The minister added that the government was doing all it could to minimize the impact of rising oil prices on transport and consumers.
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