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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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06-19-2008, 07:53 AM
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#1 |
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Outside looking in.
Industry Role:
Join Date: Feb 2005
Location: To Hell You Ride
Posts: 14,243
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China Cuts Gas Subsidies - Oil Price Down
China's going to cut the fuel subsidies that have insulated the Middle Kingdom from rising gas prices and will increase retail gasoline and diesel prices by 1,000 yuan ($145.31, ?93.89) a ton starting Friday. Dow Jones Newswires reported the news citing a Reuters story.
Oil is down about 2% today. Still a ways to go but it is going down (for now). http://www.marketwatch.com/news/stor...7D&siteid=bnbh
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06-19-2008, 07:58 AM
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#2 |
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Confirmed User
Join Date: May 2008
Posts: 278
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good to hear that
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06-19-2008, 08:16 AM
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#3 |
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Outside looking in.
Industry Role:
Join Date: Feb 2005
Location: To Hell You Ride
Posts: 14,243
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That equates to about a $0.50 (€0.33) price hike per gallon. Pretty stiff.
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06-19-2008, 08:24 AM
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#4 |
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Confirmed User
Join Date: May 2007
Posts: 3,119
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that's good news
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OnProbation Links Directory | OnProbation Design Services | OnProbation Cash |
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06-19-2008, 08:31 AM
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#5 |
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Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,727
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This may not necessarily be a good thing for the economy...The price increase will just be passed on elsewhere.
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06-19-2008, 08:41 AM
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#6 |
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Confirmed User
Join Date: Nov 2004
Location: On Uranus
Posts: 4,526
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Thats good news. But until the speculators are controled things aren't going to correct.
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SEO Strategy - Digital Strategy - Cannabis Lead Generation Skype aj.durden1 |
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06-19-2008, 09:07 AM
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#7 |
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ICQ: 197-556-237
Join Date: Jun 2003
Location: BRASIL !!!
Posts: 57,559
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Good news!!!
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I'm just a newbie. |
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06-19-2008, 09:13 AM
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#8 |
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Guest
Posts: n/a
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Drill Here, Drill NOW...before its to late....
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