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November 21, 2008 11:51:25 CST

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China Runs Low on Gas

Posted Mar 24, 08 2:08 PM CDT in Business,  World 

(Newser) – China may be running on less-than-full tank again as gasoline and diesel shortages spread to Shanghai and Beijing, the AP reports. Long lines are a common sight outside filling stations, which have been plagued by erratic shipments. “We have no diesel available at all,” said one gas station worker. “Once it comes, it will soon run out.”

In Beijing, until now a safe haven from gas troubles, 20 stations said they were rationing fuel or had stopped selling it altogether. Driving the shortages are gas prices, which the government fixes at below-market rates. Refiners want those prices raised, but officials say stability should help alleviate shortages, because consumers shouldn’t have to panic and horde fuel.

Source Associated Press

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A Chinese truck driver is seen in a back mirror while waiting outside a Sinopec gas station in Hangzhou in east China's Zhejiang province, March 24, 2008.   (AP Photo)
A traffic jam forms outside a gas station as drivers line up for gasoline in Kunming, southwestern China's Yunnan province in this 2007 file photo. The Chinese government controls gas flow and prices.   (AP Photo/Color China Photo)
Workers replace the price tags on a display for gasoline at a gas station in Chengdu, southwestern China's Sichuan province on in this Nov. 1, 2007 file photo. While oil is fueling the rapid growth of...   (AP Photo/Color China Photo, File)
Tags bearing the words 'Temporary out of service' are attached to the diesel nozzles while a driver pumps gasoline at a gas station in Hangzhou in China's eastern Zhejiang Province, Oct. 31, 2007.   (AP Photo)
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