Gasoline is a very visible price, and closely watched by many drivers. Petroleum prices impact many products, from food to industrial production. While the cost of crude is the major factor in gasoline price volatility, some countries levy taxes on fossil fuels. Here are ten countries where high gas prices are the norm, according to British insurance firm Staveley Head.
The Keystone XL pipeline, held up by reviews for four years, is getting a legislative push from members of the US House of Representatives, Graeber writes. The Northern Route Approval Act would strip the president of his authority to approve the Keystone XL pipeline.
The tiny states of Estonia, Lithuania, and Latvia, having shed their Russian-dominated past and joined the EU and NATO, are looking to help their post-Soviet neighbors to do the same.
The prime minister-elect of Georgia announced earlier this week his choice of soccer sensation Kakha Kaladze as his new energy minister. The soccer star has played for top Italian clubs Milan and Genoa, according to OilPrice.com.