The Government of Haiti on July 6 imposed price hikes for a variety of fuels, sparking violent protests across the country that cost lives, destroyed property, shut down air traffic, and even caused embassies, business, schools, and other entities to restrict transit and activity in the country. The government increased gasoline prices by 38 percent, kerosene by 51 percent, and diesel by 47 percent.
As a result of the violent response to the fuel price changes, the government temporarily suspended the price reform. The measure, which was a part of a reform plan agreed to with the IMF in March, was designed to increase government revenue and support public investment in areas such as health, education, and public safety. Known as a staff-monitored program, this reform was aimed at improving policy implementation to facilitate financial support from other donors, namely $96 million in loans from the Inter-American Development Bank, World Bank, and European Union.
It's a one pager PDF full of live links to energy-related data, statistics, and dashboards from leading industry sources. It will be a useful resource for any analyst, business executive, or researcher with an interest in the oil & gas industry, energy companies, biofuels and much more.
2015 was an exceptional year for coal prices. The period of decline which began in 2011, was interrupted by the rapid growth. Coal prices grew by 4-5 percent in August 2017 continuing a 3-5 percent growth in January 2018. Since January 2016, when the price of coal reached a 10-year low, coal prices have rebounded by about 100 percent. This situation is attributable to several factors. First, it is the consequence of an implemented policy in China which aimed at reducing harmful emissions. China is the largest coal consumer and coal producer at the same time. The reduction in own-grown production led to the increase in coal imports. Second,...
More Energy Statistics ... G20 Economic Forecast: GDP growth, Inflation, Unemployment, Government Debt, Current Account Balance
This hub provides a collection of databases, charts and interactive tables of most commonly used statistics on energy. All global statistics come from BP and IEA. Your comments are welcomed on what else needs to be added to make this selection more informative and useful. See also: Agriculture | Commodities | Demographics | Economics | Education | Energy | Environment | Exchange Rates | Food Security | Foreign Trade | Healthcare | Land Use | Poverty | Research and Development | Telecommunication | Tourism | Transportation | Water | World Rankings
Autumn and winter are traditionally characterized by the growth in energy consumption and, thus, in prices for energy products. Still, natural gas prices in the US, Europe, and Japan showed different dynamics in November. Thus, the spot price of natural gas at Henry Hub, US, fell by 15.2% in November compared to the previous month. This decline - which was the sharpest monthly drop since December of 2014 - interrupted a period of steady growth lasting from April. On the contrary, in Europe, average import border price of natural gas surged by 14.4% - the most dramatic monthly increase over the last 17 years. What for the import price of...