To reflect lower fuel costs, CPC Corp, Taiwan (CPC,
The state-run refiner said it would also lower prices of liquefied petroleum gas (LPG) used by vehicles by NT$0.2 per kilogram and by NT$0.25 per kilogram for both household and industrial-use LPG.
The company's announcement was made in a statement posted on the Ministry of Economic Affair's Web site.
Following the adjustment, the new rates, which take effect today, are: 98-octane unleaded gasoline, NT$30; 95-octane unleaded gasoline, NT$28.5; 92-octane unleaded gasoline, NT$27.8; premium diesel oil and biodiesel, NT$25.2 per liter, the company's statement said.
CPC begins applying a new pricing scheme this month, linking domestic wholesale prices to Dubai and Brent crude oil prices. The new formula is based on changes of the 30-day average for Dubai and Brent crude in the past month and that of the previous month.
The company has adjusted its rates every week based on price fluctuations of the West Texas Intermediate crude oil traded on the New York Mercantile Exchange during the past seven days.
Rival Formosa Petrochemical Corp (
The company said it would match CPC's price cuts in both gasoline and diesel oil products, effective today.
Taiwanese paleontologists have discovered fossil evidence that pythons up to 4m long inhabited Taiwan during the Pleistocene epoch, reporting their findings in the international scientific journal Historical Biology. National Taiwan University (NTU) Institute of Ecology and Evolutionary Biology associate professor Tsai Cheng-hsiu (蔡政修) led the team that discovered the largest snake fossil ever found in Taiwan. The single trunk vertebra was discovered in Tainan at the Chiting Formation, dated to between 400,000 and 800,000 years ago in the Middle Pleistocene, the paper said. The area also produced Taiwan’s first avian fossil, as well as crocodile, mammoth, saber-toothed cat and rhinoceros fossils, it said. Discoveries
Taiwanese paleontologists have discovered fossil evidence that pythons up to 4m long inhabited Taiwan during the Pleistocene epoch, reporting their findings in the international scientific journal Historical Biology. National Taiwan University (NTU) Institute of Ecology and Evolutionary Biology associate professor Tsai Cheng-hsiu (蔡政修) led the team that discovered the largest snake fossil ever found in Taiwan. A single trunk vertebra was discovered in Tainan at the Chiting Formation, dated to between 800,000 to 400,000 years ago in the Middle Pleistocene, the paper said. The area also produced Taiwan’s first avian fossil, as well as crocodile, mammoth, sabre-toothed cat and rhinoceros fossils, it said. Discoveries
Whether Japan would help defend Taiwan in case of a cross-strait conflict would depend on the US and the extent to which Japan would be allowed to act under the US-Japan Security Treaty, former Japanese minister of defense Satoshi Morimoto said. As China has not given up on the idea of invading Taiwan by force, to what extent Japan could support US military action would hinge on Washington’s intention and its negotiation with Tokyo, Morimoto said in an interview with the Liberty Times (sister paper of the Taipei Times) yesterday. There has to be sufficient mutual recognition of how Japan could provide
UPDATED TEST: The new rules aim to assess drivers’ awareness of risky behaviors and how they respond under certain circumstances, the Highway Bureau said Driver’s license applicants who fail to yield to pedestrians at intersections or to check blind spots, or omit pointing-and-calling procedures would fail the driving test, the Highway Bureau said yesterday. The change is set to be implemented at the end of the month, and is part of the bureau’s reform of the driving portion of the test, which has been criticized for failing to assess whether drivers can operate vehicles safely. Sedan drivers would be tested regarding yielding to pedestrians and turning their heads to check blind spots, while drivers of large vehicles would be tested on their familiarity with pointing-and-calling
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