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Thread: Raising fuel prices, good or bad?
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[quote=YVONNE,297563]On June 19th, Chinese government made a declaration that it would raise the petrol and diesel prices by 17 to 18 percent. The purpose is to help those oil refiners ease some burden. In the past, those refiners have had to pay world prices to buy crude oil but couldn't sell refined oil according to the market rates. This has made them suffer great losses. Now they must feel happy because the prices have been raised. However, it might be bad news for those consumers. Raising fuel prices means that they have to pay more to buy petrol and diesel. What do you think? Is it good or bad to raise the fuel prices? Photo: Queuing for fueling.[/quote]
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