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Old 05-29-2008, 06:57 AM
steved28 steved28 is offline
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Default Re: American manufacturers missing the boat?

Quote:
Originally Posted by Indigo View Post
Call me crazy (well... I am crazy, I have a dissociative disorder, har har) but if the government of China limits gas prices to $2.90/gallon and Big Oil can sell the same product everywhere else for $4-$7/gallon (worldwide), then isn't there going to come a point where Big Oil says "Uh... I think we'll ration out how much oil you get, since we've got actual *paying* customers elsewhere." That's a situation that's bound for ugliness, since China is rapidly becoming the most powerful nation on earth (thanks to Wal Mart and Bushonomics).
The big oil companies don't sell cheap to China. The Chinese Government just makes up the difference. So the public is subsidized.

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