The Impact Of Fluctuations In Oil Prices And China Oil Security Policy

Oil , the blood of modern industry ,is an import strategic resource in modern economy .Oil security ,playing a direct and far-reaching role in the development of economy and society ,is a priority which any nation in the world focuses on. As the acceleration of modernization in China , quantity and dependence of oil import increase year by year ,the price fluctuation of international crude oil plays a more and more important role in different aspects of our economy ranging from growth rate of national economy ,inflation and international balance of payments to people′s clothes, food ,housing and transportation ,our oil security is facing great challenge. Therefore , it is of great significance to find new ways to the guarantee the sound and rapid development of our national economy besides the traditional means such as energy saving and energy substitution.This article mainly contains the following aspects. First , after analysis of the oil security theory, this paper constructed the necessary theoretical basis and framework.. Secondly, this article analyzes the situation and the trend of oil security research at home and abroad are introduced and analyzed respectively. Based on the analysis of various countries of oil security and its correlative conception; At last ,the countermeasures and suggestions of oil security were brought forward on the basis of the analysis of evaluated outcomes.