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China to impose fuel tax ''very soon'': paper
Peak Oil News — ... suggested to the government long ago," Han Wenke, director general of the research body, was quoted as saying. More than a decade in the works, the fuel tax -- experts expect 25 percent or more will be heaped upon retail pump prices -- is meant to replace road tolls as a means to fund highway construction. Beijing had held back on imposing the tax due to previous concerns about rising inflation, high and volatile oil prices, and a definitive fuel pricing scheme, officials had said. Reuters

DrumBeat: November 19, 2008
The Oil Drum — ... Chevron Says Nigeria Oil Link Breach May Halt Exports (Bloomberg) -- Chevron Corp., the second-largest U.S. oil company, suspended export obligations on some Nigerian production following a pipeline breach at the Escravos oilfield. The so-called “force majeure” clause, invoked yesterday after the loss of 90,000 barrels a day last week, will last until Dec. 31, company spokesman Scott Walker said in an e- mailed statement. China to impose fuel tax "very soon": paper BEIJING (Reuters) - China will impose a ...