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Old 07-30-2011, 11:51 AM   #1
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Default allowing refiners to earn "appropriate" returns.

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» PetroChina said its refineries booked record profits in the first half on cost cutting and changes in government pricing policies.
» PetroChina processed 849.8 million barrels of crude oil,christian louboutin pas cher, up 3.2 percent year-on-year in 2008,nike mercurial, but refining losses reached 82.9 billion yuan,louboutin pas cher, up by 62.3 billion yuan from a year earlier,christian louboutin, because fuel price caps prevented it from passing higher crude costs on to consumers.
» In January,mercurial vapor pas cher, the central government introduced a new,chaussures de football, more market-based pricing policy that reflects crude costs and taxes,mercurial vapor, allowing refiners to earn "appropriate" returns.
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