Petrolio, Guatemala, Nicaragua

Washington Post: Oil Strains Economies in Central America

Guatemalan Economy Secretary Marcio Cuevas said rising oil prices hurt Guatemala because 60 percent of the nation’s electricity is produced by gasoline-fueled power plants. In Nicaragua, where oil-fueled plants account for 85 percent of electric power, President Enrique Bolanos announced energy rationing measures that could cause rolling blackouts next week“.