Quote:
Originally Posted by Indigo
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).
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The big oil companies don't sell cheap to China. The Chinese Government just makes up the difference. So the public is subsidized.