World fuel prices – how does South America stack up?

The always excellent Armin Wagner of GIZ, the German aid and development agency, has assembled his annual list of fuel prices around the world. It’s a “snapshot” of gasoline and diesel prices in November, 2010. While those in Europe get to nitter and natter over whether ’tis better to be as Romania, at 146 U.S. cents a liter ($5.52 a gallon), or like Turkey, at 252 cents ($9.53 a gallon), we in Latin America have other issues to deal with. One is how to get hundreds of millions of poor people into a better quality of life without converting this paradise of a continent into a smoldering ruin, a la China. Read Article