Quote:
Originally Posted by Harold
It makes you wonder how China can sell for less than the Western World. We have been doing it longer?, why can we not do it for less! They buy in the same market, do they not? I guess they are not as greedy in China! H
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China still has to pay market price to import oil, it's just that their citizens pay less for gas and diesel than we do. We could do the same thing if our government wanted to (further) subsidize oil. That would just mean that we would have to pay more in taxes on other things. I don't think the gas is taxed enough as it is. Anyway, do you really think our government should subsidize gas?