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Cuba: More Expensive Fuel, More Expensive Everything Else
Via NY Transfer News Collective * All the News that Doesn't Fit
Agencia Cubana de Noticias (ACN)
http://ainch.ain.cu/mailman/listinfo/ingles
More Expensive Fuels, More Expensive Everything Else
Havana, Dec 10 (acn) Cuba will spend US $250 million more than in 2006
for im****ting foodstuffs, whose prices have gone up considerably for a
number of reasons, including the increase in fuels.
The price of oil, the fuel most commonly used on the planet, now
threatens to hit US$ 100 per barrel and beyond, with serious
consequences for the world, particularly developing countries,
including of course Cuba, which bears the nearly half-century US
blockade as an aggravating factor.
Today the purchase of a bus requires many more tons of sugarcane or
some other national product than five, ten or fifteen years ago. To
maintain its operating costs is still more expensive since the price of
fuel and parts has multiplied.
Cuba has invested more than US $1.3 billion in new electricity
generation capacities, and another $250 million in the improvement of
distribution networks, reads an article published by Granma newspaper.
The country also continues to implement the Energy Revolution, an idea
of President Fidel Castro, which includes more efficient forms of
production, distribution and energy consumption.
The Cienfuegos oil refinery will soon begin operations; meanwhile, the
oil exploration efforts of CUBAPETROLEO and its foreign partner open
new perspectives for exploration and extraction of oil in the country.
Yet it is more im****tant than ever to convert public awareness on the
need for savings to meet people's basic needs and development in all
areas, concludes the article.
*
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