Wednesday, January 27, 2016

Those crazy Gulf Arabs and their petrol subsidies!

Bloomberg News

Drivers in the U.S. oil hub of Houston can fill their tanks for less than the cost in Abu Dhabi and Dubai for the first time since 2008 as falling crude prices push Middle East exporters to cut government fuel subsidies.

This goes back to the point that gun sales were not the only thing at record levels in 2015.

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