Laura Finaldi in Jordan, 2012

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Second story is up! Enjoy.

NU Journalism Abroad 2012

Story by Laura Finaldi

AMMAN, Jordan – The Jordanian government announced that it will no longer subsidize the price of 95-octane gas, forcing a nearly 20 percent increase on drivers who use it. At 1 Jordanian dinar, or about $1.41 per liter, that price now far outpaces the cost of gas in the United States, where the equivalent is $5.34 per gallon.

This hike, which took effect May 28, marks the first major increase in gasoline prices since the beginning of the Arab Spring in January 2011. That’s when riots broke out in different parts of the region and Jordan froze gas prices as one of the many precautions it took to stem fear of similar outbreaks.

But Kholoud Mahasneh, director of the Oil and Petroleum Products Department at the Ministry of Energy and Mineral Resources, said Jordan’s deficit has grown so big – reaching nearly $4 billion – that…

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Written by laurafinaldi

June 11, 2012 at 1:53 pm

Posted in Uncategorized

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