Second, due to the impact of the epidemic. In the epidemic economy, many enterprises have laid off employees. Coupled with rising oil prices, many families are forced to control the cost of living and will not drive on the road. After rising, there is no traffic jam in the morning and evening rush hours. China not only consumes a lot of gasoline for cars every year, but also needs a lot of diesel for enterprises to produce, transport and grow crops. Rising oil prices will trigger a series of chain reactions, especially in the spring ploughing stage. The price increase of diesel oil will also affect the planting cost. Whether food prices will rise this year is still unknown.
Third, because of oil monopoly. In fact, the oil industry has all the basic characteristics of a natural monopoly industry, because the oil industry itself has two characteristics: significant economies of scale and a large number of sunk costs. According to some theories of economies of scale and sunk cost, the oil companies monopolized by the three giants completely occupy the production and operation of the oil market, so that some existing resources can be more effectively and fully utilized and duplication of resources can be eliminated.
Furthermore, it is because of the political nature of oil. Although a big oil-consuming country like China has always wanted to stay away from it? Petroleum politics? Back to normal? Commodity attributes? . But? Petroleum politics? I can't get rid of this problem. On the contrary, it will have a greater impact with the uncertainty and conflict of the global economy under the current epidemic situation. As a non-renewable resource, oil is also the largest commodity in international trade. People's production and life are highly dependent on oil, and oil pricing is complex. According to the pricing theory of economics, the price of oil should be determined by the marginal cost of production.