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Brazil’s Mines and Power Minister Adolfo Sachsida appeared earlier than a joint session of a number of Home committees this Tuesday. He had been invited to clarify the nation’s ongoing rise in gas costs — gasoline on the pump has gotten 27 % dearer prior to now yr, whereas diesel costs have surged by over 50 %.
Mr. Sachsida’s look within the Home got here amid renewed turbulence at Petrobras, Brazil’s mastodonic, state-controlled oil and fuel agency — upon which the federal government has laid the blame for top gas costs. After Petrobras introduced a brand new value hike for gasoline and diesel final…
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