The Territory System: On or Off?
April 10, 2001
SMUGGLERS really have a great deal to gain from the difference in price between fuel allocated for the general public and that allocated for industry. There is a distinct possibility therefore that fuel meant for the general public—cheaper because it’s still heavily subsidized—will be diverted to industry, which now no longer enjoys a subsidy and has to pay a higher price for fuel. The government is certainly aware of this. The
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