2007Journal of North University of ChinaRequires access

International Petroleum Price Fluctuation's Influence to Our Country's Economy

Qu Y

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Abstract

Along with the rapid economic growth in China,the demand of petroleum increases rapidly.Currently,the contradiction in Chinese petroleum that the petroleum exploration can not meet the demands is becoming increasingly sharpening.Through analyzing the dependence among petroleum price,security and demand as well as the current situation of petroleum in China,this paper discusses the influence of petroleum price on national economy while proposing some strategies to elude the risk of international price of petroleum.

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Along with the rapid economic growth in China,the demand of petroleum increases rapidly.Currently,the contradiction in Chinese petroleum that the petroleum exploration can not meet the demands is becoming increasingly sharpening.Through analyzing the dependence among petroleum price,security and demand as well as the current situation of petroleum in China,this paper discusses the influence of petroleum price on national economy while proposing some strategies to elude the risk of international price of petroleum.

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Available abstract

Along with the rapid economic growth in China,the demand of petroleum increases rapidly.Currently,the contradiction in Chinese petroleum that the petroleum exploration can not meet the demands is becoming increasingly sharpening.Through analyzing the dependence among petroleum price,security and demand as well as the current situation of petroleum in China,this paper discusses the influence of petroleum price on national economy while proposing some strategies to elude the risk of international price of petroleum.

Key concepts: Petroleum, China, Contradiction, Economics, Oil price, Petroleum product, Natural resource economics, Economy

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