Nepal: Kathmandu hit by acute fuel shortage

[Viva_La_Revolution]

Source: BBC

Nepal's capital is suffering acute fuel shortages because the state-owned oil company says it cannot afford to import more fuel from India.

The Nepal Oil Corporation says price rises in the wake of the Libya crisis have meant it is making a loss on the sale of petrol, diesel and kerosene.

It means many households and businesses can no longer use generators.

Nepal endures up to 14 hours of power cuts every day and relies heavily on the use of fuel-based generators.

Read more: http://www.bbc.co.uk/news/world-south-asia-13116423?utm_source=twitterfeed&utm_medium=twitter

[Confusious]

1. This is going to radiate around the world

The radio said $5 a gallon in a few months.

[AndyTiedye]

2. It Will be over $5 by Memorial Day in the Blue States

[Confusious]

3. Christ

I wonder how high it goes before people just can't afford work anymore. I mean most of us, i know the poor are having a hard time right now. (which includes me, a non-traditional student living off campus)

[xchrom]

4. Sigh. Nt

[JCMach1]

5. I got to experience the blackouts there a few years back...

was a bit scary to say the least...