Saturday, May 24, 2008

Long Fuel Lineups in Wuxi, China.

It was midnight on a Saturday night and what were some Chinese drivers doing?

They were waiting in the longest lineup I have ever seen for fuel.  I estimate that 200 cars or so will lined up for fuel at a gas station in the Downtown of Wuxi.  Americans I talked to told me that the long lineups reminded them of the Carter presidency.

China heavily subsidizes its fuel prices.  But with lineups so long, something has to give.  Either the prices will go up or restrictions will be placed on consumer car purchases.

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