Hi,
In the Philippines (where they deregulated the fuel
industry a while back) diesel fuel costs US$0.51 per
liter more or less. And it's been going up
US$0.01/liter almost every two weeks!
Before anyone says it's cheap, the government-mandated
minimum daily wage is around US$0.56 per hour. One
hour's work at minimum wage will get you a little more
than a liter of diesel here at today's rates. And it's
been some time since the minimum wage was adjusted
upwards... :-(
Regards.
Vin Lava
Manila, Philippines
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