Thursday, July 17, 2008

Diesel and Inflation

There's still no diesel fuel to be had, but the government raised the price about 50% for whenever it starts getting sold again. No one actually knows what's happening, but the assumption is that since the government sells diesel at a subsidized price, they just couldn't afford to keep selling it with oil prices where they are.

This basically means we'll have wicked bad inflation soon since most goods are shipped by trucks and electricity is mostly produced by diesel generators. This is on top of already-rising prices for pretty much everything else.


Blogger Mike "Dub" Wainwright said...

Most electricity is diesel, but are there any renewable energy projects in your area? I saw an awesome post somewhere about building a solar and wind powered communication network somewhere in Africa.

Love the blog, Jim. Looking forward to seeing you this fall.

12:12 PM  

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