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The following article was published in our article directory on February 21, 2011.
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China Raised Petrol Prices

Article Category: Business

Author Name: xia zihui

China's national development and reform commission announced yesterday, since 19th flinging up will gasoline, diesel prices are improving RMB per ton (hereinafter the same) 350 yuan (67 proterozoic), or at 4.5%.
Rise at 4.5%

Price is equivalent to 90 # gasoline national average retail price per litre raised 0.26 yuan, 0 diesel, the national average per litre raised 0.3 yuan, or at 4.5%.

Development and reform commission CaoChangQing price department chief, said last year December 22 raised domestic product prices since crude oil prices remain volatile international market rise.

On January 22nd, crude in the international market for 22 consecutive workdays moving average price over 4%, according to the current oil price forming mechanism, should be an increase in domestic product prices (cracked oil predicament), but consider what price situation, Spring Festival and refined oil market supply and demand, the national appropriate delayed time, price controls the biggest increase.

NDRC officials say, if not controlled prices amplitude, according to the current oil price forming mechanism, the oil price rose 10%. China's government has asked the oil, sinopec play enterprise internal upstream and downstream benefit regulating mechanism, self part digestive crude oil prices pressures, subsidies refinery enterprises.

Development and reform commission LiuZhenQiu price department deputy section chief, said the price adjustment, the country will be in accordance with the current oil price adjustment of public sector subsidies to grain producers, continue mechanism, fishery, forestry, urban bus, rural road passenger transportation give subsidies to taxi industry to grant temporary subsidies, We will continue to do difficult groups of urban and rural residents objects such as basic life safeguard work.

To sudden petrol diesel prices, the owners attitude? 19, have Qingdao media random investigated some citizens.

Private cars patron xiao said: "I am earlier this year buy the car, the average monthly average about $500, the price is I buy a car is considered can withstand oil price, now when going up, go up again beyond my bottom line. Originally wanted to give wife of buying a car, gasoline prices, and now it's only temporarily unable to petrol, gave up".

The taxi driver said: "LiYuMing gas prices have risen, natural gas price affirmation also follow up?"

China's national development and reform commission announced yesterday, since 19th flinging up will gasoline, diesel prices are improving RMB per ton (hereinafter the same) 350 yuan (67 proterozoic), or at 4.5%.
Rise at 4.5%

Price is equivalent to 90 # gasoline national average retail price per litre raised 0.26 yuan, 0 diesel, the national average per litre raised 0.3 yuan, or at 4.5%.

Development and reform commission CaoChangQing price department chief, said last year December 22 raised domestic product prices since crude oil prices remain volatile international market rise.

On January 22nd, crude in the international market for 22 consecutive workdays moving average price over 4%, according to the current oil price forming mechanism, should be an increase in domestic product prices (cracked oil predicament), but consider what price situation, Spring Festival and refined oil market supply and demand, the national appropriate delayed time, price controls the biggest increase.

NDRC officials say, if not controlled prices amplitude, according to the current oil price forming mechanism, the oil price rose 10%. China's government has asked the oil, sinopec play enterprise internal upstream and downstream benefit regulating mechanism, self part digestive crude oil prices

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