Pricey petrol punishes poor

Petrol prices have jumped by 150 riel (US$0.03) a litre, much to the dismay of Cambodia’s poor, as NGOs appealed to the government to take action. ... Rong Chhun, president of the Cambodian Confederation of Unions (CCU), issued a letter dated August 16 appealing to Prime Minister Hun Sen to take action to lower fuel prices below the current price of 5,650 riel a litre for super and 5,450 riel for regular. ... Bin May Mialia, commercial manager for the Thai-based PTT Oil Company, said there were three factors leading to increased petrol prices in Cambodia: instability in the Middle East, where most gasoline is produced; natural disasters in Asia, such as those in China and the Philippines; and the drought in the US, which has affected the raw materials needed to produce ethanol to mix with gasoline or diesel, thus increasing demand in the US as well. ...

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