Friday, May 6, 2011

CAN government slash fuel prices now?

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World oil prices tumbled Wednesday, weighed down, experts say, by a drop on Wall Street, a stronger dollar and signs that China's energy needs might not be as robust as previously thought. Gasoline prices also fell, sliding lower for the sixth straight day. What Ugandans are looking to see is whether the downturn in crude oil prices would cause local gas prices to start falling soon, possibly by next week.
The norm has been that when there’s a spike in global crude oil prices, fuel

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