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Asia Sentinel
Asian Fuel Subsidies Distort the Energy Market

Asian Fuel Subsidies Distort the Energy Market

Our Correspondent
May 24, 2008
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Asia Sentinel
Asia Sentinel
Asian Fuel Subsidies Distort the Energy Market
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Asian leaders contemplating the high price of oil and related energy need to ask how much they themselves are to blame this for this state of affairs. At US$135 a barrel, oil may be in a bubble but do not expect prices to fall back much below $100 – its level at the start of 2008 – if shortsighted Asian government policies continue to be so important at…

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