It doesn't seem to matter where you are in the world - the price of fuel is a hot topic of debate. Even when it's as low as 3 cents a litre (12 cents a gallon). The Associated Press ran a story this weekend highlighting how gasoline is subsidized in a number of countries. Those of us in Canada will no doubt read the following sentence with our eyes wide and our tongues wagging:
"To spread wealth and buy support, many oil producing nations subsidize fuel for domestic consumption. Gasoline sells for as little as 39 cents a gallon (10 cents a liter) in Iran, 60 cents a gallon (16 cents a liter) in Saudi Arabia, and $1.52 a gallon (40 cents a liter) in Iraq, where prices were ratcheted up following the U.S. invasion."
While it's likely some will circulate this story and ask "Why not here?", the entire article by AP reporter Rachel Jones is well done and worth a read.