On Sun, 23 Nov 2003 03:36:34 GMT, Spehro Pefhany
wrote:

On Sat, 22 Nov 2003 21:06:10 -0500, the renowned Gary Coffman
wrote:

The Chinese machinist is paying a nearly 400%
premium on gasoline compared to the US machinist, thanks to a punitive
tax on gasoline in China. Etc.

Unh, where do you get that number from Gary? Prices I've seen right at
the pumps are not much different than in the US or Canada.

Sorry to follow up on myself, but from tomorrow's New York Times:

"In China, a booming economy has pushed up oil demand so quickly that
its consumption is expected to surpass Japan's next year, as it
becomes the world's second-largest oil importer, after the United
States. Gas and diesel prices are identical to American prices,
although they are higher as a percentage of income in China."

http://www.nytimes.com/2003/11/23/we...partner=GOOGLE

Best regards,
Spehro Pefhany
--
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