Most popular solution to oil price inversion exper

2022-07-27
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Experts suggest price liberalization to solve oil price inversion Guide: world oil prices have repeatedly broken high. Last Friday, the international oil price soared by more than $10 and hit a record high of $139.12. However, the domestic oil price is still lower than the international oil price due to inflation. This has led to serious losses for domestic oil enterprises, and the state finance has to provide a large amount of subsidies every month. Recently

world oil prices have repeatedly broken high. Last Friday, the international oil price soared by more than $10 and hit a record high of $139.12. However, the domestic oil price is still lower than the international oil price due to inflation. As a result, domestic oil companies are making higher sales and market share of automobiles that meet the demands of consumers, and the industry is suffering serious losses. The national finance should provide a large amount of subsidies every month

recently, Tang Min, Deputy Secretary General of China Development Research Foundation, put forward his suggestions on the current domestic oil market price inversion at the Sina Chang'an forum. Tang Min said that we can consider liberalizing the oil price that is now controlled if there are problems with parts, so that the oil price can rise above the international level, and then use the money higher than the international oil price to subsidize the necessities with the highest weight of CPI, so as to control inflation and reduce the increase of CPI

Tang Min said that rising oil prices will push up CPI, but on the contrary, we can use this money to subsidize some products with relatively large CPI weight, such as grain. If properly adjusted, it is possible to restrain the rise of CPI. At the same time, the dumbbell shaped samples of type I, II and III conform to the oil price

Tang Min said that oil prices in many countries are higher than international oil prices. In Europe, oil prices are several times higher than international oil prices. In addition, the pollution caused by oil is not paid, so raising the domestic oil price is in line with the law of development. In addition, from the historical experience, price control plays a certain role in controlling inflation; But in the long run, there will be diesel shortage, power shortage and other problems. This low oil price and low electricity price has also caused waste to a certain extent

as for the timing of product oil price adjustment, in Tang Min's opinion, it depends on the future economic development. At present, the level of domestic inflation is still relatively high, and there is still a process for price adjustment. However, Tang Min believes that it is unlikely that inflation will rise further. Now food prices may fall, but other prices may rise

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