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Despite expense, oil-producing countries keep subsidies in place
http://www.iht.com/ articles/ 2008/ 05/ 15/ business/ oil.php
Countries that subsidize gasoline and diesel prices may be even less willing to raise prices than they were six months ago, even as crude oil prices head toward $130
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High Energy Thursday: Still living in a cheap oil world
http://blogs.iht.com/tribtalk/business/globalization/?p=718High Energy Thursday: Still living in a cheap oil world Posted by Daniel Altman in High energy Leave a Comment Its hard to believe, but there are still places in this globalized world where prices for gasoline and other petroleum products havent gone
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