Diesel Fuel Prices 1998

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Read full story for latest details. &13; BC-Indonesia-Fuel Blues, 1st Ld-Writethru,0673&13; Indonesias poorest reeling after diesel fuel prices 1998 prices jump nearly 30 percent&13; Eds: UPDATES with quote from village head; Warusan and Cartini go by one name. Oil prices surged to a record above US$126 a barrel on Friday on diesel fuel prices 1998 supply concerns and a rush of speculative buying. Indonesia is Southeast Asias largest oil producer and a member of OPEC, but it has to import oil following decades of declining investment in exploration and extraction.

&13; The government has to have pity on people like us, Warusan said, noting that diesel fuel prices 1998 hikes have pushed up the cost of basic commodities such as rice, tofu and eggs. Normally, his daily catch would keep him busy. &13; State media reported last week that the government planned measures such as widening the social safety net for the poor, increasing the number of price-controlled items and improving public transport. I dont think they are thinking about us commoners.

This latest increase is a fatal blow to them. Diesel oil jumped 27 per cent to around $2. Source: Reuters, May 12, 2008INDONESIA will raise fuel prices at the end of this month, local newspapers yesterday said, quoting Vice President Jusuf Kalla reviews.

This week, he and his three crew members were paying $16 to fill up their tank and then splitting their $3 profit at the end of the day. Indonesia will hold parliamentary and presidential elections next year. The rise in world oil prices and the rise in our diesel fuel prices 1998 subsidies has burdened the state budget, Yusgiantoro told a news conference following a meeting with Yudhoyono. &13; In all honesty, it was a difficult and agonizing decision to make. That is why we are calling on them to resign, Anwar said. &13; Prices at the pump jumped nearly 30 percent overnight, as did the cost of cooking fuel.

&13; Petrol prices were increased by 41 percent and diesel 63 percent in line with a global surge in oil prices, a measure which would drive inflation to a 10-year high of 4. &13; Were lucky if we can feed our children, said Cartini, a vegetable seller, noting that the cost of garlic, for example, had doubled in the last week. Kalla said the increase would be lower than 30 per cent and the government was preparing a scheme to cushion its impact on the poor, the Kompas daily reported.

Indonesia hikes diesel fuel prices 1998 prices nearly 30 per cent to avert economic crisis (Indonesia-Fuel-Prices) energy. 93 a barrel on the New York Mercantile Exchange Thursday after. &13; He said that the administration planned to announce more measures to lessen the pain for ordinary people after a meeting of the cabinets anti-inflation unit. We are currently printing cash compensation scheme cards, the vice president was quoted as saying. 93 a barrel on the New York Mercantile Exchange Thursday after. In the , LPG sells for about 49p ($0 gas.