The fury and fear over energy prices that have exploded in Ecuador are playing out the world over, across the United States to Nigeria
A gasoline tanker truck unloads at a service station in Mexico City on June 27, 2022. Mexico is using money it makes from the crude oil it produces to subsidize gas prices. (Celia Talbot Tobin/The New York Times)
LONDON — “No es suficiente” — It’s not enough. That was the message protest leaders in Ecuador delivered to the country’s president this past week after he said he would lower the price of both regular gas and diesel by 10 cents in response to riotous demonstrations over soaring fuel and food prices.
The fury and fear over energy prices that have exploded in Ecuador are playing out the world over. In the United States, average gasoline prices, which have jumped to $5 per gallon, are burdening consumers and forcing an excruciating political calculus on President Joe Biden before the midterm congressional elections this fall.
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