Colombians turn out in droves to protest 50% gasoline price hike
Fox News
Colombians turned out by the thousands in major cities on Monday to reject drastic gasoline price hikes set by leftist President Gustavo Petro's government.
But the government of President Gustavo Petro says the gasoline subsidies cost about $11 billion a year. It says it must eliminate the subsidies to pay debts to the national oil company Ecopetrol, which produces most of the country’s fuel, and to free up more funds for social programs.
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