Analysis Of Petroleum Fluctuating Prices And Chinese Oil Security Policy

All through the ages, energy is the precondition of human civilization, and is indispensable to all activities of human society. It means increase of per-capita energy consumer spending that ceaseless increase of human material requisite and improvement of mental life. To a country, energy is important material basis of economic growth and social development. Energy security is the necessary energy guarantee to achieve continues national economic growth of a country or an area and social progress. The degree of energy security lies on energy consumption and available energy's guaranteed degree of a country or an area for economic growth and social progress. The key of energy security estimate is energy forecast, which is made up of forecast of energy quantity demanded and energy capacity. Oil becomes the key commodity of energy tactic for its non-substitution and proportion in energy use.First, talk about economy globalization and element moving. this article analyses the reason why international oil price changes, discusses general oil characteristics, distribution,output,demand,deposit,manufacture of world oil and increasing forecast of quantity demanded, uncertainty of supplement, mechanism of price formation and OPEC problem, the fluctuation of US currency - the oil trade currency of settlement. Second, studies the change tendency of international oil price, deep discusses the possible tendency and extend of oil price's change now and future. Third, discusses the influences of oil price's change to economic growth and to different economy. Lastly, on the basis of reason tendency and influence, it discusses secure policy of Chinese energy sources.