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TAIWANESE GOVT HAS NO PLANS TO FREEZE FUEL PRICES, LOWER EXCISE.
TAIPEI, July 1 Asia Pulse - Taiwan's Minister of Economic Affairs Yiin Chii-ming said Monday that the ministry has no plans to freeze fuel prices and will not lower excise taxes on petroleum-based products for the time being.
Yiin's remarks come as the state-owned CPC Corporation is scheduled to announce further hikes in the local price of gasoline and diesel Tuesday.
Faced with world crude oil prices that have surpassed US$140 a barrel and a 12.5 per cent gasoline price rise in late May, some have asked the ministry to consider a renewed freeze on fuel prices or a reduction in the excise tax on petroleum products to help mitigate future increases at the pump.
"The ministry will not consider such options for the time being," Yiin reaffirmed.
Noting that the government only lifted a ...
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Feb 25, 2003 (The Australian Financial Review - ABIX via COMTEX) The leader of the Australian Opposition, Simon Crean, has called for a freeze on oil prices if war with Iraq breaks out. Crean also said the recent surge in petrol prices should be referred to the Australian Competition & Consumer
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Byline: PAUL WAUGH GORDON BROWN is poised to freeze fuel duty again to help motorists and industries hit by record petrol and diesel...Corporation taxes will be hit and consumers tend to spend less on other things when fuel prices go up."
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...be 2.3p at a time when the average price of petrol has risen to about 105p a litre. But Morrisons said it will freeze fuel prices at its stores from September 1 until September 6. Morrisons chief executive Marc Bolland said: "Once again...
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...be 2.3p at a time when the average price of petrol has risen to about 105p a litre. But Morrisons said it will freeze fuel prices at its stores from September 1 until September 6. Morrisons chief executive Marc Bolland said: "Once again...
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Byline: Melanie Tringham The government should freeze fuel duty in the forthcoming Budget, according to the Forum of Private Businesses. Marking the 2p rise at the start of this month...
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- Newspaper article from: South Wales Echo (Cardiff, Wales) April 15, 2002 700+ words
THERE was speculation today that Chancellor Gordon Brown would announce a freeze on fuel duties in Wednesday's Budget to avoid adding to the burden on drivers suffering from price rises caused by instability in the Middle East. Mr Brown was also set to announce a top-up to the minimum wage of
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House Republicans are working to freeze the fuel-efficiency standards for cars and light trucks for a second year. The plan is the same one followed successfully last year - denying any money to consider an increase in fuel standards in the proposed budget for the Transportation Department for the
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- Newspaper article from: The Oil Daily Kovski, Alan January 24, 1994 700+ words
WASHINGTON -- The combination of new, low-sulfur diesel with bitterly cold weather has created problems for marketers and users of diesel, kerosene and heating oil. Truckers are complaining loudest because of diesel solidifying into waxy material in engines and storage tanks. But complaints also
