Posted on 05/25/2018 7:33:10 PM PDT by Beave Meister
Brazils conservative president Michel Temer has ordered the army and federal police to clear highways blockaded by striking truck drivers after a protest over soaring fuel prices entered its fifth day.
The blockades have paralysed much of the countrys economy and prompted São Paulo, the biggest city in South America, to declare a state of emergency over fuel shortages.
I have actioned the federal security forces to unblock highways and I am asking governors to do the same, Temer said in a televised address on Friday. We will not let the population do without its primary needs.
The protests began over fuel prices but have been further stoked by widespread anger over repeated graft scandals involving prominent politicians including Temer himself.
In São Paulo and Rio de Janeiro, supermarkets and restaurants are running low on supplies. Some factories have shut down, bus services been reduced and even the Refugees World Cup, scheduled to take place in São Paulo on Saturday, has been cancelled.
(Excerpt) Read more at theguardian.com ...
Beave, What is the price per liter of diesel fuel in Brazil?
We dodged a bullet with Clinton.
The price of 1 liter (1/4 gallon) of gas in Rio de Janeiro is R$ 4.46 as of 5/25/2018 (today) So that’s about $17.00 per gallon....
“$17.00 per gallon”
I guess that might make you mad if your wage is $10/day.
Didn’t Hussein give Brazil all sorts of oil drilling equipment?
But what was the subsidized price under the Left-Wing Democrat Socialists that couldn't be sustained?
And isn't Brazil big into turning sugar into fuel? How does that enter into the equation?
R$ 4.46/L is for gasoline. 1 Real = US$ 0.274 (Just over a quarter.)
Diesel is R$3.6/liter or 3.6 X US$.274 = US$0.98/L
1 gallon = 3.79L
US$0.98 X 3.79 = $3.71/gal
I hope this correct! If not woe on me! :<)
You schooled me....Actually one liter R$ 4.46/L comes out to $1.22 US dollars. So one gallon would be $4.22 US dollars.
https://www.expatistan.com/price/gas/rio-de-janeiro/USD
Actually it comes out to $4.88 US dollars. I forgot how to add...
This country has so much potential into becoming a global power but failed leftist policies and typical Latin American corruption keep holding it back.
I saw this and thought - what the heck, Brazil is a major oil exporter, with a relatively conservative President - what is going on???
As this article suggests, and others point out in more detail* this is a classic example of how gov’t corruption can ruin an economy, and more.
* For example: https://www.forbes.com/sites/kenrapoza/2017/11/08/russia-versus-brazil-a-tale-of-two-countries-in-crisis/#40ca61fc712d
Sobering stuff. VERY sobering stuff.
I think a strong case can be made that the penalties for Gov’t corruption need to be much more draconian, including the death penalty in particularly egregious cases. (Basically, such cases would qualify as treason.)
Looks like about $.98 per liter, which would be $3.71 per gallon.
I found no direct source, but calculated it from price per liter.
The price was from quotes on 5-21-18. And I’m sure the price will vary depending upon local transportation costs.
Yup, Looks like my Post #8 is correct.
Yup, That’s the site I got my price from.
What happened to their off-shore oil that “we” paid for them to develope?
And their massive home grown alcohol fuels that they used to undermine our market with?
They should have some of the cheapest fuel in the world.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.