No Fuel Hikes: Economic Compassion?

nuff said…

AMMAN — Oil-parched Jordan said Thursday it was due to take delivery, prescription within days, ed of much-delayed supplies of Iraqi crude oil at preferential rates under a year-old agreement with Baghdad.

Jordanian tanker trucks have headed to the border to await the crude that is expected to reach the Zarqa refinery in northeast Jordan in the next few days, no rx state-run Petra news agency quoted energy minister Khaled Al Shreideh as saying.

Baghdad struck a deal with Amman in August 2006 to provide its neighbor with 10 percent to 30 percent of its daily oil needs of around 100,000 barrels.

In June, Iraqi finance minister Bayan Jabr Solagh said his country would offer the oil at a preferential rate of $18 below market prices. [source]

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