echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Biochemistry News > Amino Acids Research > Chen Gongyu: International oil prices are a global scourge

    Chen Gongyu: International oil prices are a global scourge

    • Last Update: 2020-07-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    oil prices broke a hundred, I am afraid that the hundred online will be maintained for a period of time, because the break hundred has reached a new demarcation point, and then it is difficult to get support, but will not fall too much, the surge situation will tend to easeThe impact of oil prices is not only on one industry or sector, but also on the global economy, people's livelihood and even political stabilityTherefore, the analysis is more inclined to suppress the oil-producing countries deliberately without production and blame the speculation, but do not see another serious oil resource shortage crisisthe second half of the oilcrude oil price spent from more than 50 dollars climbed to more than 100, just over a year, in 2007 alone the annual increase reached 70%The meeting of the Oil-Exporting Countries has repeatedly made a gesture, thinking that as long as the announcement of increased production, is to promote the price of oil prices, this is one of the magic drugsSecond, the eyes of the New York market speculation in how to put the oil price up as soon as possible to make the bag swelling, small-scale strategy has been the means to push up oil prices, in such speculation, oil prices for a lot of speculation to create wealth, but also created the Middle East oil valve super human wealth mythIn fact, both the Middle East oil-producing countries and the new market's speculation, they all know a cruel reality: the world has entered the second half of the oil resources stage, and then do not use the value of the second half of the oil resources, until the oil resources dry up, there is no shortcut to wealth creationMiddle Eastern oil valves and market speculation are free to squeeze money, ignoring the global catastrophe caused by the oil price breakbecause of the disregard for energy global shocks, so that the market speculation more intense, oil prices in a short period of time to break a hundred without checks and balances of powerThe speculators know that the crisis is far-reaching and still crazy speculation high oil prices for profit, nothing but think that it is the world must bear the disaster together, not need to bear their own, nor can they bear the matterThe Global Focus Oil CrisisThe global assessment of oil resources in the 1980s and 1990s was very positive, and in the face of a sense that global oil stocks may be subjected to greater abuse in line with technological developments, they have received a positive response in three ways: First, actively explore the sources of oil, in the hope that new sources can replace old sources and prevent oil supplies from being faultedSecond, the study of new petroleum substitutes, including vegetable oil and alcohol as a driving force, was once very supportiveThird, the global campaign to reduce waste of oil resources has received a good response, and the awareness of using the second half of the barrel of oil has been widely valuedHowever, these three responses are not hostile to the reality of the profit is the idea of the picture, the use of the crisis to obtain profits with the oil price broke through and the benefit of the obviousTomorrow will be like tomorrow, and how much benefit today can be gained today will be relentlessly taken away today Thus, the rate of oil price surge can no longer be controlled, this from the market can be seen very clearly, some of the news originally is not enough to make oil prices climb, but the result is false, create a market panic mentality, so the oil price went up, the speculation also received high benefits, the price is that the world is damaged   How to use good oil resources, after the oil price broke a hundred and then the global focus on this, the original three methods still seem to be effective, in addition to the need to curb the crazy speculation phenomenon On the first hand, the Organization of the Petroleum Exporting Countries, with its backs, should fulfil its humanitarian responsibility, not keep its eyes on its own accounts when it adjusts global oil resources, and they know best when their oil resources will run out Therefore, how to properly supply oil, oil-producing countries have the responsibility to pay attention to, and on the basis of consensus to better provide the world with energy resources Second, the study of oil substitutes cannot be slowed or even suspended, so that the global economy will one day be plunged into an inexorable disaster situation when oil resources run out Since western countries consume the most oil resources and bear the burden of research, it is only natural that there are no other better alternative sources of energy, with vegetable oil and alcohol as mechanical power, and should be actively researched and developed Third, the use of energy resources should have a sense of crisis, aware of the oil price snout hidden behind the seriousness of the shortage of oil sources, and face up to the attitude, in order to more consciously and more effectively promote energy-saving habits broken a hundred after a narrow up and down looking at the 2008 oil price trends, the forecast is mostly thought to hover in the hundred yuan online, but with a slight rise as the main line, the rise will be inhibited but will slow forward The reason: First, oil-producing countries are beginning to feel that they are not suppressing this crazy price rise, and will soon see their "black gold" sources dry up Second, the concept of energy conservation began to spread With the direct impact of oil prices breaking through, resulting in a global focus, and actively invest in energy-saving actions, regardless of this awareness by a large component of their own burden of thinking driven but showed an increase in conservation awareness Third, the market speculation will counter the trend of energy conservation awareness is still constantly urging the valley news speculation high oil prices, so, even if there are the above two aspects of inhibition, speculation will also get the benefits of high prices That's why oil prices may fall in a narrow range after breaking through a hundred in 2008, but I don't believe the increase will be too big after the oil price broke a hundred, I am afraid that the hundred online will be maintained for a period of time, because the break hundred has reached a new demarcation point, and then the rise is difficult to get support, but it will not fall too much, the surge situation will tend to ease The impact of oil prices is not only on one industry or sector, but also on the global economy, people's livelihood and even political stability Therefore, the analysis is more inclined to suppress the oil-producing countries deliberately without production and blame the speculation, but do not see another serious oil resource shortage crisis the second half of the oil crude oil price spent from more than 50 dollars climbed to more than 100, just over a year, in 2007 alone the annual increase reached 70% The meeting of the Oil-Exporting Countries has repeatedly made a gesture, thinking that as long as the announcement of increased production, is to promote the price of oil prices, this is one of the magic drugs Second, the eyes of the New York market speculation in how to put the oil price up as soon as possible to make the bag swelling, small-scale strategy has been the means to push up oil prices, in such speculation, oil prices for a lot of speculation to create wealth, but also created the Middle East oil valve super human wealth myth In fact, both the Middle East oil-producing countries and the new market's speculation, they all know a cruel reality: the world has entered the second half of the oil resources stage, and then do not use the value of the second half of the oil resources, until the oil resources dry up, there is no shortcut to wealth creation Middle Eastern oil valves and market speculation are free to squeeze money, ignoring the global catastrophe caused by the oil price break because of the disregard for energy global shocks, so that the market speculation more intense, oil prices in a short period of time to break a hundred without checks and balances of power The speculators know that the crisis is far-reaching and still crazy speculation high oil prices for profit, nothing but think that it is the world must bear the disaster together, not need to bear their own, nor can they bear the matter The Global Focus Oil Crisis The global assessment of oil resources in the 1980s and 1990s was very positive, and in the face of a sense that global oil stocks may be subjected to greater abuse in line with technological developments, they have received a positive response in three ways: First, actively explore the sources of oil, in the hope that new sources can replace old sources and prevent oil supplies from being faulted Second, the study of new petroleum substitutes, including vegetable oil and alcohol as a driving force, was once very supportive Third, the global campaign to reduce waste of oil resources has received a good response, and the awareness of using the second half of the barrel of oil has been widely valued However, these three responses are not hostile to the reality of the profit is the idea of the picture, the use of the crisis to obtain profits with the oil price broke through and the benefit of the obvious Tomorrow will be like tomorrow, and how much benefit today can be gained today will be relentlessly taken away today Thus, the rate of oil price surge can no longer be controlled, this from the market can be seen very clearly, some of the news originally is not enough to make oil prices climb, but the result is false, create a market panic mentality, so the oil price went up, the speculation also received high benefits, the price is that the world is damaged   How to use good oil resources, after the oil price broke a hundred and then the global focus on this, the original three methods still seem to be effective, in addition to the need to curb the crazy speculation phenomenon On the first hand, the Organization of the Petroleum Exporting Countries, with its backs, should fulfil its humanitarian responsibility, not keep its eyes on its own accounts when it adjusts global oil resources, and they know best when their oil resources will run out Therefore, how to properly supply oil, oil-producing countries have the responsibility to pay attention to, and on the basis of consensus to better provide the world with energy resources Second, the study of oil substitutes cannot be slowed or even suspended, so that the global economy will one day be plunged into an inexorable disaster situation when oil resources run out Since western countries consume the most oil resources and bear the burden of research, it is only natural that there are no other better alternative sources of energy, with vegetable oil and alcohol as mechanical power, and should be actively researched and developed Third, the use of energy resources should have a sense of crisis, aware of the oil price snout hidden behind the seriousness of the shortage of oil sources, and face up to the attitude, in order to more consciously and more effectively promote energy-saving habits broken a hundred after a narrow up and down looking at the 2008 oil price trends, the forecast is mostly thought to hover in the hundred yuan online, but with a slight rise as the main line, the rise will be inhibited but will slow forward The reason: First, oil-producing countries are beginning to feel that they are not suppressing this crazy price rise, and will soon see their "black gold" sources dry up Second, the concept of energy conservation began to spread With the direct impact of oil prices breaking through, resulting in a global focus, and actively invest in energy-saving actions, regardless of this awareness by a large component of their own burden of thinking driven but showed an increase in conservation awareness Third, the market speculation will counter the trend of energy conservation awareness is still constantly urging the valley news speculation high oil prices, so, even if there are the above two aspects of inhibition, speculation will also get the benefits of high prices That's why oil prices may fall in a narrow range after breaking through a hundred in 2008, but I don't believe the increase will be too big (name) 
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.