The public has been shocked by the Iraqi cabinet’s recent decision on Tuesday to increase gasoline prices for automobiles. Premium gasoline will now cost 30 percent more, while super-grade gasoline will cost 25 percent more. This measure, which was part of a wider government attempt to alleviate traffic congestion, has instead caused considerable resentment and fury among drivers, particularly taxi drivers. The cabinet increased the cost of premium gasoline (95 octane) from 650 Iraqi dinars ($0.50) to 850 Iraqi dinars ($0.65) per liter at its weekly meeting. The price of super gasoline (98 octane) will rise from ... (full story)