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Kunming taxis reinstate one yuan fuel surcharge

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Beginning today, Kunming taxis will once again begin collecting a gas surcharge of one yuan on all fares to offset the recent rise in fuel prices, according to a Dushi Shibao report.

The Kunming municipal government's passenger management office said that since the more than four jiao increase in the price of gasoline at the end of June, fuel expenses have been increasingly eating into taxi drivers' revenues.

In the first half of this year, Kunming drivers received government subsidies of 298.6 yuan per car to mitigate rising fuel costs.

Originally the city government was considering a 1.5 yuan fuel surcharge, but drivers reportedly said that collecting the 0.5 yuan was difficult. As a result, the fuel surcharge was reduced to one yuan.

The new surcharge comes several months after the abolishment of the previous one yuan fuel surcharge, which had been enacted in November 2007.

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I don't mind slipping the lads a few extra kuai but hasn't the price of oil been spiraling down for the last 4 months?

Oil prices bottomed out around the end of last year/beginning of this year and have been on an upward trend ever since.

Also, gasoline and diesel prices in China are set by the central government, which raised gasoline prices by 7% on 2 June.

[UNF]

Gas is expensive in China compared to Canada

It's down to a dollar Canadian, 85 cents USD per liter....

The oil companies are raking it in

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