Supply Of Petroleum And Strategy Choice For The Nation And Enterprises

It was highest price of crude oil since New York Commodity Exchange Incorporation came into existence when hurricane "Carter liner" sweeps anything away America in 2005 years August 29, reaching 70 dollar/barrel. There are more 100 million tons oil net import from 1993 in China, in 2004 years crude oil import volume increases to 900 million tons , petroleum external dependence rate is more than 35 % .There is a law which world community recognized that when one national petroleum import volume occupies using amount of 30% or while one countries petroleum import volume than 500 million tons, international petroleum market price reacts the country' national economy function. With 6.8% increasing rate according to board of trade forecast, in 2005 Chinese crude oil import reaches 1.3 Mt, high oil price should increase inflational pressure. In the event of oil price keeps on rising and maintains at high price in the long-term, that'll bring bad effect to Chinese economy future and society function.American economy grown up largely for cheap oil using, so oil high price in 1970s makes depress .How to keep peace growing up strategy, the effect which oil price wave results in economical fluctuation is important, the role of Chinese national oil company is a problem we should consider.These responsibility largely accounts on big company of oil .Yet, the future Chinese energy source supply way is difficult .On the one hand, the need for overseas drill for oil increases and has conflict with the other countries .On the other hand, it is important for China realizing resources-short contradiction, promoting Chinese economy sustainable development in a way of using effective techniques and less resource .But what is more important is finding replaced resource .At the same time, owing to national oil production company, trade and secondary industry mostly belong to government monopoly, domestic oil product price doesn't reflect completely instantaneous international oil price, leading to situation more complex.The purpose of this paper is to analyses the difficulty which oil company facing with the view of finding the way to solve. At the same time chance of finding out answer is supposed to be reflect to national economy social goals, sustainable development stratagy.In the subsequent analysis, there are tow ways: from the view of supply, getting competitive advantage comes from resource based edge. But company I study facing a market whose structure is more serious of cartelization character. So it was how tolead resource predominance translating into competitive edge: facing upstream industry we must find disperse stratagem, enhance bargaining power of the whole industry, at the same time make price signals preferable reflecting realistic supply and demand. But owing to petroleum is important strategic resource, international scramble is inevitability, so such measures put unpredictability and instability in the situation.So radical means come from our personal reform, improving existent energy availability. How to restrain waste phenomena in energy utilization and how to solve efficiency problem in energy source utilization, we must consider. This provides another way for energy shortage puzzle. But there are many obstacles in industry structure which affect efficient use of oil and the economy technology. From the view of SCP model in theory of industrial organization, perfect performance is the result of efficient industrial structure .But now in Petroleum industry , poor efficient energy industry can't quit market for administration monopoly, and companies can't turn into the eligible entity in a competitive market because of the illegibility of property right,and the problem of utility cars is also a reflection of this illegibility. The correlative reforms too have effect on oil strategic selection of the these companies.