Chile gov't seals deal to end gas price protest

[Joanne98]

Source: Reuters

SANTIAGO, Jan 18 (Reuters) - Chile's government reached a deal on Tuesday to end a weeklong protest in the frigid far south, scaling back natural gas price increases amid threats of labor disruption.

The government agreed to raise natural gas prices by 3 percent in the southern Magallanes region, a far cry from the 16.8 percent increase originally proposed by state oil company ENAP as it seeks to reduce subsidies.

The planned hike outraged residents in the Patagonian region that depends on subsidized natural gas to cope with icy conditions. It triggered protests that trapped hundreds of tourists and caused scuffles between residents and police.

The government of center-right President Sebastian Pinera previously caved in to popular pressure over environmental concerns about a $1.1 billion thermal power plant planned by French energy giant GDF Suez (GSZ.PA: Quote).



Read more: http://af.reuters.com/article/energyOilNews/idAFN1814748820110118

[Citizen Worker]

1. Take heed America, this is what brings about change. Not hand wringing, not phone calls or letters

to your members of congress. Street heat is the ONLY action that brings change.

[amyrose2712]

2. I say that every day....

where are our youth in the streets protesting tuition hikes and food prices. Imagine that, youth caring about the price of food.

[WhiteTara]

3. every one is waiting for someone else

to start. Especially the youth.

[amyrose2712]

4. I'm ready!

Tell me where to go?

[WhiteTara]

5. no. you tell me. n/t