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$this->bbcode_second_pass_quote('', 'A')cross Spain, about 70,000 truckers joined the strike Monday, according to Desiree Paseiro, a representative of a truckers’ association that is threatening to paralyze the country unless the government introduces measures to lower fuel bills.
The strike has alarmed many people, who already have begun lining up at gas stations and supermarkets for fear that supplies will be cut. Wholesale food markets like Mercamadrid stocked up on fish and meat over the weekend so their stalls would not be left bare.
On Monday morning, groups of slow-moving trucks blocked the major highways that surround Madrid in a so-called snail protest that snarled traffic. Some food distributors fear that their trucks will not be allowed to roll.
“We are the ones who move the merchandise that this country needs to function,” Julio Villascusa, a truckers’ representative, told the Cadena Ser radio station on the eve of the strike. “If we don’t have the money to keep buying fuel to offer this public service, well, then, this country comes to a halt.”
Spanish truckers say the price of diesel, which varies among European countries, was the equivalent of $7.73 per gallon, compared with $5.58 per gallon a year ago. At that price, they argue, it costs them more to buy fuel than they earn from trucking contracts.
Prices at the pump could continue to climb, according to Jeffrey Currie, the global chief of commodities research at Goldman Sachs. At an oil and gas conference in Malaysia on Monday, he said that oil prices were likely to hit $150 a barrel this summer, surpassing the record of $139.12 set last Friday, Reuters reported.
Spain has been particularly hard hit as soaring fuel prices coincide with the sharpest economic retreat in 15 years. The Spanish government has so far offered loans to the industry, composed principally of small businesses.