Article

2008-06-19 China-Japan-Koreas

Oil falls $3 as China to raise fuel prices

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Posted by tu3031 2008-06-19 12:58|| || Front Page|| [2 views ] Top

#1 I think I can almost hear Obama promising to further reduce Chinese oil consumption.

Posted by crosspatch 2008-06-19 16:19|| 2008-06-19 16:19|| Front Page Top

#2 This will bump the price in China to about $2.00 a gallon.

Posted by tu3031 2008-06-19 16:31|| 2008-06-19 16:31|| Front Page Top

#3 They were about $3 a gallon. The new price will be about $3.50 a gallon. A lot of new Chinese motorists are weekend drivers. This won't put much of a dent in that traffic, but I expect a lot of people who currently drive to work daily to begin carpooling. There are also those who drive to work and stay in company dormitories - typically when the workplace is 30 miles or more away from home - during the workweek. I expect the frequency of trips back home to decline somewhat.

Posted by Zhang Fei">Zhang Fei 2008-06-19 18:11|| http://timurileng.blogspot.com]">[http://timurileng.blogspot.com] 2008-06-19 18:11|| Front Page Top

#4 by the way - isn't it about time we ponied up a $100 million killing expedition to "visit" the Nigerian rebels? Money well spent

Posted by Frank G">Frank G 2008-06-19 20:23|| 2008-06-19 20:23|| Front Page Top

#5 It's time we do for the Liberian army what we did for the Iraqi army.

Posted by Nimble Spemble 2008-06-19 21:23|| 2008-06-19 21:23|| Front Page Top

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