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herm
01-16-2012, 10:50 AM
http://news.yahoo.com/fuel-shortage-egypt-leads-rising-tensions-154409389.html

" "I told you to fill up my entire tank, and it's only half full," one customer shouted at a worker at one packed station.

Egypt, which subsidizes fuel, has about a fifth of its 80 million people living on $2 a day. The cheapest and lowest grade fuel, 80 Octane, is sold for just 1 Egyptian pound (17 U.S. cents) a liter, well below its market value.

"I have been searching in vain for gasoline since last night, and now that I have found a station that actually sells gasoline, I will fill up my entire tank," said Alaa al-Sheikh, manager of a garments factory."

rfruth
01-16-2012, 11:18 AM
Wonder if they will take to the streets again on January 25 ?

jcp123
01-16-2012, 03:36 PM
Egypt does sound like it's well-dur for another round of the Arab Spring. Some better FE would definitely do folks over there some good :)

xcel
02-06-2012, 08:16 AM
Hi Herm:

When the subsidies go away, look out... And to think the former leader stole tens of $Billions of dollars all the while most of his people were subjected to abject poverty :ccry:

Wayne



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