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Businesses » Investment
 
Diesel Fuel Prices Drop
Friday, 12.14.2007, 03:11pm (GMT)

Prices have dipped 19 cents in the last past six weeks as a result of an inventory glut caused by a mild winter. Refiners produced more diesel fuel from already-high heating oil supplies.

ATA, meanwhile, is seeking to create a single diesel standard to help eliminate shortages and stabilize pricing. Boutique fuels used in certain parts of the country exacerbate local shortages, the economist said.

The national trucking group also is seeking greater investment in refining capacity.


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Chongqing is situated at the upper reaches of the Yangtze and at the joint of central China and West China. It is rich in biological resources, mineral resources, water resources and the unique Three Gorges tourist resources. The world famous construction of the Three Gorges dam and developable emigration of the reservoir area and the investment demand and consumption need of the 30 million people who are marching to a well-off living standard will provide a vast market potential for the future development of Chongqing.
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