Comments on: They Are Starving In China – For Gas Guzzlers

By: AJ

AJ — Sun, 26 Oct 2008 23:04:46 +0000

Big cars for the elitists… oops I mean for the people!

By: kovachian

kovachian — Sun, 26 Oct 2008 22:09:01 +0000

That is very true Wolven, didn’t take long at all to snatch up all those Mercedes and Maseratis. The question still remains though, wtf do they see in Buicks? All those noxious fumes in the Nike factories must really be frying their brains.

By: Wolven

Wolven — Sun, 26 Oct 2008 19:30:37 +0000

Didn’t take the Chinese too long to figure out what the BEST vehicles to own are, did it…

By: JEC

JEC — Sun, 26 Oct 2008 16:27:25 +0000

Dollar a litre isn’t bad compared to what we were paying about a month ago (1.50 ish). Gas was at a .90 to a buck a litre a year ago before the big spike. Yes, that’s right, we were paying 5.70$ a (US) gallon last month.

By: KixStart

KixStart — Sun, 26 Oct 2008 04:19:41 +0000

Could this explain, partly, anyway, why GM is ramping UP production of SUVs? Is China willing to absorb a lot? Does the falling dollar make them much more attractive in Russia?

By: dilbert

dilbert — Sat, 25 Oct 2008 23:42:51 +0000

Since China has relative low oil and gas reserves and production, socialism would do nothing to lower the prices.

Besides, they are more capitalistic (and opportunistic) than anyone in the world right now.

By: Michael Ayoub

Michael Ayoub — Sat, 25 Oct 2008 21:31:40 +0000

Um, no?

By: 50merc

50merc — Sat, 25 Oct 2008 21:18:38 +0000

JEC: “those prices are around 99 cents US [per litre] for premium”

My goodness, that’s roughly four bucks a gallon! In a socialist economy, shouldn’t prices be less than what we capitalists pay?

By: JEC

JEC — Sat, 25 Oct 2008 19:21:38 +0000

A quick currency exchange shows those prices are around 99 cents US for premium – I assume that is per litre. That’s surprisingly close to current Canadian per-litre prices (currently hovering between 1.00 and 1.15 CAD per litre).