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Old 08-07-2008, 07:03 AM   #43 (permalink)
Bulldog5585
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Join Date: Jan 2008
Location: Rio Rico, AZ
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correct

Yes, India and China do subsidize, but there was an article recently on the net that stated China was going to have to lower the subsidy because it was set when price hovered around $3.00 a gallon. Remember they are paying the same as we are theoretically for the raw oil, and unlike the US, most of China runs on Diesel. By the way $4.31 in Nogales. Haven't tried Mexican Diesel yet but I understand the border towns have ULSD.
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