Why is Hainan's fuel price the highest in the country?
1 Answers
Hainan's fuel price is high mainly for the following reasons: 1. No fuel supply plants: There are no fuel supply plants in Hainan Province, and transporting fuel to Hainan requires shipping, which incurs costs during transportation and storage, making it relatively more expensive than in other provinces. 2. No toll booths: Hainan's highways do not have toll booths. According to the 'Hainan Special Economic Zone Motor Vehicle Traffic Surcharge Collection and Management Regulations,' an additional fuel surcharge is levied based on the quantity of gasoline purchased and the standard surcharge rate. All additional fees are invested in Hainan's basic highway construction.