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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 elucidate the nation’s ongoing rise in gas costs — gasoline on the pump has gotten 27 p.c dearer up to now yr, whereas diesel costs have surged by over 50 p.c.
Mr. Sachsida’s look within the Home got here amid renewed turbulence at Petrobras, Brazil’s mastodonic, state-controlled oil and gasoline agency — upon which the federal government has laid the blame for top gas costs. After Petrobras introduced a brand new worth hike for gasoline and diesel final…
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