China has cut oil subsidies, but EU just adds one more oil subsidies. Why is this contrast ? China twice cut oil subsidies---- 10% last Nov. and 18% one month ago. But they are not hailed as a brave action on China’s part. Instead, China still remains as the focus of culprit in supply-and-demand theory responsible for oil price hike by US, UK media.

On contrast, 27-member-country European Union, especially France, have maintained a substantial amount of oil subsidies, and only one day ago, EU added one more oil subsidies for their fishermen.(see below)

Why is this contrast ? Why the US and UK media are not reporting it ?

China drops subsidies
http://biz.yahoo.com/rb/080619/china_oil...
http://benbittrolff.blogspot.com/2008/06...

EU enacts more oil subsidies:
http://www.fishupdate.com/news/fullstory...

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