| This paper mainly puts forward the political attribute of oil, and discusses the political factors that cause the fluctuation of international oil price. Through reading domestic and international literature and the analysis of international oil price fluctuations, found that the fluctuation of oil price is beyond the equilibrium theory of traditional economics and also almost completely different from other commodity price movements. So, I think the key factors that cause the abnormal fluctuation of the international oil price is the political game, especially the impact of oil dollar, the dollar index and monetary system. After that, this paper finds that the impact of the US dollar on international oil price is enormous through the qualitative analysis and the empirical research. And the dollar can control the international oil price by its own depreciation or appreciation, in any case, it is good for the United States. Besides, behind the shocks to international oil price by the changes of monetary system and the sudden political events, hidden the shadow of the dollar and the power of the hegemony of the hegemony. At present, China’s oil dependence on foreign oil is increasing year by year, and the United States because of the shale gas revolution makes its oil dependence on foreign oil has declined year by year which has to give us a wake-up call. If the United States use the dollar as a tool to push up international oil prices, thus elevating the prices of other commodities. And for the United States, this is the inevitable result cause of interest driven. Then, China will suffer huge economic losses and the economic development will be severely hit. So I put forward two suggestions, firstly, setting up the oil "Bottom Line" to control the degree of dependence on foreign oil. This is the ’Red Line" we cannot break in the process of economic development in the future. And secondly, perfecting our oil and financial marketing system and maintain our energy security. |
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