With Low Fixed Gas Prices in China, Soaring Oil Costs Mean Long Lines at the Pump

A long line of lumbering two-ton trucks were backed up for at least a mile along one of Hangzhou’s major highways by 11 a.m. the other day. As we crept by stopped trucks and gruff-looking drivers passing time on the roadside, our taxi driver said the holdup was at the fuel station. We soon learned that the state-owned Sinopec station would only be selling diesel until 4 p.m.

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