Late2TheParty
Classical Liberal
- Mar 15, 2011
- 211
- 37
- 66
China To Raise Fuel Prices - WSJ.com
and
China’s fuel price rise biggest for almost three years - FT.com
Here I thought it was, idk, stagnant supply and increasing demand. (Hint: In 1990, China had 1.1M cars and 160 miles of paved highway. Now it has 100M cars and 53,000 miles of paved highway.)
and
China’s fuel price rise biggest for almost three years - FT.com
The owners of Chinas expanding fleet of private cars will still barely blink at the record pump prices, now about 20 per cent higher than in the US and more than 50 per cent higher than Chinese rates of three years ago.
Here I thought it was, idk, stagnant supply and increasing demand. (Hint: In 1990, China had 1.1M cars and 160 miles of paved highway. Now it has 100M cars and 53,000 miles of paved highway.)