Guangdong News
I missed a major news item from
The other news event is more apparent. Daily my drivers are faced with difficult maneuvering past service stations along the highway. They have some kind of separation here for which stations provide gasoline to trucks versus general transport vehicles. And at the stations for trucks, the lines usually spill out into the streets blocking traffic at each. However, for cars, the gasoline must be more readily available, because lines are rare.
Today, we even stopped at one station for gas in our van on the way to work. As we sat there, several trucks pulled in requesting gasoline, only to be turned away. I still haven’t quite figured out the separation, but they were sure disappointed.
In the meantime, the lines continue to back up for trucks. They say that gas is still being regulated at a rate far lower than market prices, so refineries and distributors claim to be loosing money (read about it here). Even though it was raised recently, that only temporarily fixed the problem. A couple of weeks passed, and with the oil futures still climbing, the suppliers have cut back availability again. It’s pretty simple supply and demand economics, but without free markets, its effect becomes more apparent.
Labels: Dongguan, Gas Prices, Guangdong, Guangdong News, Life in China
posted by A Bryson (formerly) in China @ 5:12 PM
Comments: 0
