Thursday, May 10, 2007

Iranian gas rationing set to begin May 22

Iran’s Oil Ministry is set to begin gasoline rationing on May 22.

However, with only 12 days left until the rationing plan is to be implemented, no decision has been made on how many liters each car will be allowed to consume per day or month at the fixed price of 1000 rials per liter.

In the Majlis bill on gasoline rationing, MPs left it to the Ahmadinejad administration to decide the price of gasoline sold outside the rationing system. Even though unofficial reports have put the free market price at about 3000 rials (33 U.S. cents) per liter, some administration officials say the final price is still being debated.

Over the past decade, billions of dollars have been spent subsidizing gasoline.

I think this is a government gimme that if removed will make a lot of Mo Blows mad at the regime. Just sayin.