Fuel-price drop good news

    Updated: 2011-10-09 10:01

    By Lan Lan (China Daily)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    Fuel-price drop good news

    A staff member of a gas station refuels a car in Beijing, capital of China, Oct 8, 2011. China reduced retail prices for gasoline and diesel by 300 yuan ($47) per ton from Oct 9. As a result, the benchmark retail price of gasoline will be cut by 0.22 yuan per liter, while diesel's price will decline 0.26 yuan per liter, according to the National Development and Reform Commission, the country's top economic planner. [Photo / Xinhua]


    BEIJING - Gasoline and diesel prices are reduced for the first time this year beginning Sunday, as oil and gas prices in international market continue to fall.

    The wholesale price of regular gasoline and diesel prices declines by 300 yuan ($47) per ton, according to the National Development and Reform Commission, China's top economic planner.

    The decrease would cut the benchmark retail price of gasoline by 0.22 yuan per liter and diesel by 0.26 yuan per liter.

    The price cut was welcomed by Chinese commuters as fuel prices reached their highest points since a hike in April and stayed unchanged despite the price fluctuations in international market.

    Gao Shuguang, a taxi driver in Beijing, said his car consumes about 22 liters of gasoline each day and the price cut will save him about 150 yuan per month.

    Before the official adjustment, some small gasoline stations in Beijing had offered discount for fuel prices last week, indicating the prices should be lowered, he said.

    International crude oil prices continued to fall in trading during the previous two weeks, with WTI crude oil price fallen to $75.7 and Brent crude declined to $99.8 a barrel on Tuesday.

    "Finally the fuel prices went down. The high prices have made consumers worry, which also levied great pressure on the government," said Lin Boqiang, director of the China Center for Energy Economics Research at Xiamen University.

    Under an oil pricing mechanism started in 2009, the government considers adjusting domestic refined oil prices when international oil prices change more than 4 percent within 22 working days.

    Since then, China has adjusted fuel prices 16 times, with 10 price hikes and six reductions.

    Cao Changqing, head of the price department of the National Development and Reform Commission, said the price cut of product oil would help to reduce operational costs and ease pressures caused by rising consumer prices.

    Meanwhile, he said the current pricing system has exposed problems such as lengthy cycle and lack of transparency. As a result, the domestic fuel prices do not synchronize with international prices.

    A more market-oriented mechanism is under study, he said, without giving a timetable.

    Both global and domestic oil markets are likely to see more frequent fluctuations in the future, Lin said, adding that the government should make the system more adaptable.

    Customers should be allowed to participate in pricing design and reasonable subsidies for customers should come out as soon as possible, he added.

     

    亚洲中文字幕AV在天堂| 欧美日韩中文字幕久久久不卡| 国产中文字幕乱人伦在线观看| 日韩精品无码专区免费播放| 免费看成人AA片无码视频羞羞网| 无码人妻一区二区三区在线水卜樱 | 亚洲AV无码一区二区乱孑伦AS| 一本大道香蕉中文日本不卡高清二区 | 成?∨人片在线观看无码| 国产AV无码专区亚洲AWWW| 亚洲av中文无码乱人伦在线播放| 国产免费无码AV片在线观看不卡| 伊人久久精品无码二区麻豆| 最近中文字幕2019视频1| 亚洲中文字幕日本无线码| 99久久无码一区人妻a黑| 无码专区天天躁天天躁在线| 成人无码免费一区二区三区| 久久久中文字幕日本| 狠狠躁夜夜躁无码中文字幕| 精品久久久无码人妻中文字幕| 蜜臀av无码人妻精品| 国产自无码视频在线观看| 国产成年无码久久久久毛片| 久久人妻少妇嫩草AV无码专区 | 最近高清中文在线字幕在线观看| 人妻精品久久久久中文字幕69| 亚洲精品无码专区久久同性男| 国产精品无码无卡在线播放| 人妻丝袜中文无码av影音先锋专区| 亚洲精品无码鲁网中文电影| 亚洲国产无套无码av电影| 自慰无码一区二区三区| 亚洲大尺度无码无码专区| 亚洲国产精品无码专区在线观看| 亚洲性无码一区二区三区| 午夜福利无码不卡在线观看 | 本道天堂成在人线av无码免费| 免费无码又爽又刺激高潮视频| 日韩国产成人无码av毛片| 高h纯肉无码视频在线观看|