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China raises prices of fuel amid nationwide shortage

For the first time in 17 months, China will raise wholesale price cap of gasoline, diesel and jet fuel, “to guarantee domestic supply of refined oil and promote energy conservation/为保证国内成品油供应,促进能源节约,” or so sa... ...full story at Shanghaiist

from Shanghaiist on Sun, Nov 04 2007

see also:

20 Jun 08 visit China raises prices of refined oil, electricity  »  YouTube videoChina raises prices of refined oil, electricity WATCH VIDEO Source: CCTV.com | 06-20-2008 08:33 In China, the National Development and Reform Commission announced price hikes for gasoline, diesel oil, aviation kerosene and electricity. Coming into effect...
16 Apr 09 visit China may hike refined oil rates  »  People's Daily China may raise prices of refined oil products later this month to link the domestic price of gasoline and diesel closer with global crude prices, said industry insiders. This would be the second price hike of domestic refined oil products this...
20 Jun 08 visit Paying more at China's gas pumps  »  Tim Johnson Ordinarily, an increase in the price of gasoline would not be news. But in China, it is. Gas and diesel prices went up 18 percent overnight. Here’s why that’s important. China sets domestic energy prices. Gas, diesel, jet fuel and...
13 Jan 09 visit NDRC rules out fuel price cuts  »  People's Daily The National Development and Reform Commission has ruled out a further reduction in the prices of gasoline and diesel, despite the fall in global crude prices. The NDRC, which sets energy policy and fuel prices in China, said it would not lower the...
30 Jun 09 visit China raises gasoline, diesel prices  »  People's Daily China would raise gasoline and diesel prices by 600 yuan (about 87.8 U.S. dollars) per tonne, as of 12:00 a.m. Tuesday, the National Development and Reform Commission announced Monday. The increase will raise the price for gasoline by about 0.45 yuan...
02 Sep 09 visit China to raise fuel prices by 4%  »  People's Daily China is to raise the prices of gasoline and diesel by 300 yuan (44.12 U.S. dollars) a tonne, or about 4 percent each Sept. 2, the country's top economic planning agency said late Tuesday. The retail price of gasoline will increase by 0.22 yuan a...

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