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Page added on March 4, 2013
Peak Oil: Gas Prices Increasing in China First Time Since November
Gas prices increasing in China! 26 Febuary 2013
2 Comments on "Peak Oil: Gas Prices Increasing in China First Time Since November"
BillT on Mon, 4th Mar 2013 12:49 pm
And this is news, why? Prices of gasoline are going up everywhere.
Kenz300 on Tue, 5th Mar 2013 1:58 pm
Around the world many countries subsidize oil prices to the consumer causing an unsustainable increase in demand.
Increasing internal demand is outpacing the available supply and causing prices to rise.
China and India are growing at 6-8% increasing their demand for more energy every year. This growth rate of energy use is not sustainable.