I am enjoying my vacation in Shanghai, China. It’s a totally different world here. One of the things I’ve noticed is the price of gas. I took this picture today:
We paid 4.03 Chinese yuan per liter, that’s approximately 2 USD per gallon. When I left the US, gas was around 3 USD per gallon. I wonder why gas is cheaper in China!
One other thing I’ve noticed is that blogspot.com is blocked in China. Mike Friedman warned me about this. With blogspot.com unreachable, I won’t be able to follow many of my favorite Oracle and ColdFusion blogs. Oh well! I guess I’ll spend less time on the Internet and more time vacationing.
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Hope everything is working out...
Lucky men !
September 5th, 2005, at 9:02 am #In France, The litter coast 1,49 euros !
I agree, you are all very lucky!
I Norway the price has varied from ca. $6.50-$7.43 pr. US gallon (10.70-12.24 NOK pr. liter) the latest half year (maybe even higher in the north of Norway without me noticing it).
When the price is 10.97 NOK/liter, 7 NOK is some sort of tax (”gas tax”, “CO2 tax” and v.a.t.).
1 US Gallon = 3.791 liters
September 5th, 2005, at 1:01 pm #1 $ = 6.24 NOK (today)
In Sydney the price is hovering around AUS$1.38 a litre. That would be AUS$5.23 a gallon, or around US$4 a gallon.
Report from this time last year says that 60% of the price is tax.
http://money.ninemsn.com.au/article.aspx?id=14647
I guess China has a lower tax on petrol (if any), but I think also the Yuan doesn’t ‘float’ against other currencies, so the exchange rate is distorted.
September 5th, 2005, at 3:20 pm #One reason for the cheap price is subsidy. The government is actually subsidizing the retail price so it can be kept artificially low for general consumer.
In Indonesia for example, it is officially Rp 2400 per liter now, which is about 24 US cents a liter, or 90 US cents a gallon. Even so, it is considered expensive for local standard, as many earn about US$1-2/day.
With oil prices skyrocketing, not many poor nation can keep this subsidy for long….
September 6th, 2005, at 12:46 am #1,52 euros per litre this morning in France…
September 6th, 2005, at 1:30 am #With 70% taxes !
does anybody have a better proposition ?
[…] Internet blocking. There is no online freedom. Many internet sites are blocked throughout China. […]
September 27th, 2005, at 12:52 pm #[…] Back when I was in China a few weeks ago, blogs hosted on Google’s blogspot were not accessible as they were blocked by the Chinese government. But, based on this InfoWorld article, China has now opened up access to Google’s Blogger.com service. Google is apparently expanding not only in the USA but also in China. (via) […]
October 14th, 2005, at 10:32 am #$3.21 at he cheap place in San Francisco. The only way to beat high gas prices is by using less.
July 26th, 2007, at 5:51 pm #If you can’t afford to buy a new car there are alot of things that you can do to any vehicle to improve fuel economy by as much as 25% . It should be noted that china will be consuming a great deal more of the worlds oil as it’s “middle class” begins to buy vehicles.
Norwegian prices converted to US:
8.4 U.S. dollars per US gallon
February 5th, 2008, at 3:23 pm #or
12 NOK per litre
Over in the south we are paying $4.25 for regular unleaded. The cost of diseal fuel is just another .50 to .75 cents. If gas prices continue to rise which they will, people will have to make changes in their daily routine. No more extra trips to the mall or grocery store. Heck, I even stop going to the gym after work because it’s not on my way back home. I recently read bicycle stores are seeing and influx of sales along with scooters, and car-pooling. Lifestyles are changing because of this. I wonder how far it will go.
May 12th, 2008, at 1:56 pm #