Iraqi elections over so up go the gasoline prices

juan cole shares this tidbit...

Now that the elections are safely over, the government of Ibrahim Jaafari has tripled the price of gasoline and made substantial increases in the price of gas and heating oil, in contravention of its campaign promises. Hundreds of demonstrators came out in Kut and Karbala to protest the increases, which hit the poor especially hard in the winter. Many Iraqis consider the subsidized prices a way of sharing in the country's oil wealth, which may generate as much as $50 billion this year, and which goes directly into government coffers.

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