The impact of rising oil prices on the world economy How to solve it

Updated on Financial 2024-06-17
13 answers
  1. Anonymous users2024-02-12

    In recent years, the auto market has been overheated, attracting a considerable part of the funds for the purchase of private cars, which has brought considerable pressure to the city's roads and other infrastructure, thus affecting the rapid development of some small and medium-sized cities. On the other hand, the price of oil will make some low- and middle-income people take into account the cost of car maintenance, turn their funds to other investment projects, and promote the development of other related industries;

    In the long run, it will definitely restrict the normal and orderly development of the entire economic system. In China's current situation, the automobile industry is the largest, but also the fastest growing industry, the state vigorously invested, the policy support, the oil price is naturally a great blow to the automobile and related industries.

    Indirectly, other industries related to shipping out will be affected by oil prices, including logistics and public transportation and other related industries, modern economic development and urban construction, none of which is inseparable from logistics and public transportation, the highest oil prices, followed by prices, purchasing power declines, from this point of view, oil prices have affected all aspects of the entire social and economic development.

  2. Anonymous users2024-02-11

    The rise in oil prices will drive the price of everything that uses oil higher, causing inflation and an economic slowdown or decline. Generally, there are 3 ways to solve the problem: 1. Sell in large quantities in the ** market in the United States, when selling is greater than buying, ** will naturally fall, 2. Increase production, when supply exceeds demand, **will**. 3. Artificially raise the oil **, so that the market takes the initiative to reduce the use of oil, and when the expected demand decreases, the ** will also fall.

  3. Anonymous users2024-02-10

    Oil****, the negative impact on society are:

    1. On the negative impact of travel mode.

    1. There are fewer fuel vehicles on the road, but more electric vehicles.

    2. There are more private carpoolers, and they share the fuel money, which leads to more contradictions.

    3. The parking spaces in the community are more tight, there will be more and more "zombie cars", and the contradiction between the property and the owner has deepened.

    4. The bus has returned to the crowded scene, and the subway can't be squeezed if it can't be squeezed, and the incidents of rubbing and stepping on have increased, resulting in more people talking.

    6. Shared electric bicycles ushered in the second round of blowouts, and the demand is strong, but it is not cheap; The small electric donkey has once again become the protagonist of the road, and motorcycles have also ushered in the lifting of the ban in various places, but the number of bumps has increased, and the traffic police have become busier.

    7. The "difficulty" of taxis has intensified, taxis have begun to pick up passengers again, those who are near do not go, those who are far away do not use the meter, and carpooling and soliciting passengers have begun to rise.

    2. On the negative impact on life.

    8. The increase in logistics costs indirectly leads to the increase in the price of daily necessities.

    9. The desire to buy fuel vehicles was suppressed, and traditional car companies began to encounter a cold winter, either transforming or "handing over guns".

    10. Fuel vehicle companies began to reduce sales targets, reduce production capacity, optimize employees, and related enterprises also ushered in a wave of persuasion.

    11. The operating cost of trucks, the employer lowers the price, resulting in a decline in the enthusiasm of truck drivers, and even running at a loss, so it is better to let the car "sleep" than to pull the goods, resulting in a reduction in the timeliness of online shopping.

    12, fuel ** reached 10 yuan, and the tax is nearly 5 yuan, including value-added tax, consumption tax, urban construction tax, education surcharge, local education surcharge, etc., once the owner is not interested in driving a fuel car, the decline in fuel sales is inevitable, and the final tax reduction may be made up in other places.

  4. Anonymous users2024-02-09

    The price of oil means that the cost of using cars will increase.

    1. Many car owners will choose other modes of transportation to travel, especially in big cities, because they don't drive, so they arrange their travel time reasonably.

    2. Fuel oil is the most downstream product, and its trend is an important factor affecting the supply and demand of fuel oil, so the trend of fuel oil has a strong correlation with the supply and demand of fuel oil.

    3. Tax adjustment, in fact, there are many additional tax adjustments for oil prices, such as local education tax, environmental tax, etc., which are also to adapt to local development.

    Why does oil **?

    Three main reasons: the weakness of shale oil. The reason is that OPEC has restrained production.

    This is due to the reconciliation of the base project and the woolen sweater to support the recovery of oil demand, which in turn pushed oil prices higher. For stockholders, it doesn't matter why the oil price is, but the impact of the oil price on the market. After careful analysis, I found that the ** of oil prices can not only make A-shares sharply**, but also make A-shares fall sharply, and may also make A-shares repeated**.

    Many people mistakenly think that ** is gasoline, that is, the energy used for cars, in fact, this is a common sense mistake, ** is not gasoline, it is the king of bulk commodities, also known as industrial blood, our industrial production, daily life consumption and clothing, food, housing and transportation of various tools used, including the production and operation of enterprises, are inseparable from the raw materials of this commodity. Gasoline is only one of the thousands of series of raw materials after refining, and the various raw materials that are fissioned out are used for the production and operation of enterprises in all walks of life, and are the production raw materials that all industries can not do without.

  5. Anonymous users2024-02-08

    According to the calculations of the relevant departments, after the adjustment of refined oil **, the impact on the transportation industry including railways, civil aviation, road transport, urban transportation, taxis and other transportation industries and agriculture, including the impact on taxis, will increase by 270 yuan per month (while the impact on oil is 740 liters per month), and the annual fee for grain and agriculture will be calculated at an annual fee of yuan per hectare. Liquefied gas will also have a certain impact on residents' lives. The adjustment of petroleum products directly affects the consumer index by one percentage point.

  6. Anonymous users2024-02-07

    According to the calculations of the relevant departments, after the adjustment of refined oil, the railway, civil aviation, road transport, urban buses, taxis and other transportation industries and agriculture have a greater impact, among them, the impact of taxis increased by 270 yuan per month (calculated according to the monthly oil consumption of 740 liters), grain farmers according to the annual calculation of the increase in expenditure per mu. After the increase of liquefied gas**, it will also have a certain impact on the lives of residents. The adjustment of refined oil ** directly affects the monthly consumption ** index to rise by one percentage point.

  7. Anonymous users2024-02-06

    Although various emerging energy sources have gradually developed in today's society, it is still one of the most important energy sources and an important strategic material of common concern to all countries. With the rapid growth of the economy, China's consumption has surpassed that of Japan and has become the second largest consumer in the world after the United States. Volatility has increasingly become a factor that cannot be ignored in influencing the macroeconomy of various countries.

    As a non-renewable energy source, it plays an increasingly important role in China's economic development.

    1) Oil prices** have led to increased inflationary pressure in China.

    The first is to form the pressure of domestic refined oil price adjustment, once the price adjustment directly affects the consumption and production related to refined oil; Second, it directly leads to the increase in the cost of chemical raw materials and means of production that rely on the first for processing.

    2) Oil prices** affect the growth rate of China's GDP.

    Affected by the slowdown of the world economy and the macroeconomic regulation and control policies of domestic stability and tightness, in 2008, the basic trend of China's economic operation was to stabilize at a high level and decline slightly. The impact of international oil prices on China's economic growth rate is mainly manifested in three aspects: first, the suppression of exports affects foreign demand; the second is to increase the burden of consumption and curb domestic consumption; Third, it is difficult for some enterprises to pass on costs to the downstream, reduce investment and production, and some even stop production.

    3) Oil prices** are easy to suppress the consumption of national residents.

    The higher the oil, the greater the cost of the product, and the higher the product, which will hinder the expansion of the original consumer demand, and the formation of new consumer demand hotspots will also be blocked. One of the most typical is car consumption. Even if they do not buy fuel directly, consumers will inevitably increase their spending in the era of high oil prices, which will also greatly affect the bulk consumption related to transportation, such as real estate and tourism.

  8. Anonymous users2024-02-05

    The impact of changes in oil prices on the economy goes both ways. The decline in oil prices has little impact on our economy; Oil prices have a great impact on China's economy, and the decline in oil prices will also affect other industries. Let's analyze the relationship between **** and China's economy.

    Lower oil prices will be positive for the oil extraction industry.

    Oil is an important component of the national economy. The global oil and gas market is nearly $7 trillion. China is the world's largest oil and gas country.

    China's oil production is mainly based on oil exploitation, accounting for about 60% of China's production. With the development of China's oil consumption structure from the original oil and gas consumption to conventional oil and gas and unconventional oil and gas. China's unconventional oil and gas resources have the characteristics of non-renewable, scarcity, etc., and its exploration and development code is difficult, the technical requirements are high, the cost is relatively high, the effect is slow, and the effect is slow, which determines that China's oil and gas exploitation enterprises are basically in a monopoly position in the international oil market, so the impact of the adjustment on it is small.

    After the decline in oil prices, it has a great impact on the oil exploitation industry, which is good for the development of the oil exploitation industry. <

    Lower oil prices will be positive for the oil refining industry.

    International ****** will lead to refined oil products, which will reduce the cost of the refining industry. The petroleum refining industry refers to the production, transportation, and sales of oil and natural gas in the processing industry. Among them, petroleum refining is the main link of China's energy consumption, and its total consumption occupies an important position in the national economy, and it is also an important means of production.

    Let the mold base China's oil refining industry has always been closely related to the international trend. <>

    Lower oil prices are good for the automotive and transportation sectors.

    The decline in refined oil products is mainly good for transportation, chemical fiber industry and automobile consumption. First of all, the main driver of the transport company is **, and its cost accounts for a large part of the company's operation. A lower ** will increase the company's profit margins.

    Profitable leading companies in the chemical, rubber and chemical fiber industries will be lower than expected due to lower costs. In addition, oil prices** will drive consumption into a new phase, especially for auto-focused issuers, whose profits are expected to increase as consumption increases. <>

  9. Anonymous users2024-02-04

    I'm not good for those suspended economies, but it's good for basic production processing.

  10. Anonymous users2024-02-03

    The sharp drop in oil prices will cause disorder in various industries, causing economic volatility and releasing monetary policy, which will drag down the economy in the long run.

  11. Anonymous users2024-02-02

    The continued high and rising oil prices may have the following effects on the world economy:1Rising costs:

    High oil prices mean that businesses and consumers have to pay higher for fuel, which leads to higher production costs, which in turn pushes up prices. 2.Slowing economic growth:

    Oil prices** could weaken consumers' purchasing power, leading to a decline in consumer spending, which in turn could affect gross domestic product (GDP) growth. 3.Falling energy demand:

    High oil prices are likely to prompt businesses and consumers to reduce their demand for fossil fuels and look for alternative energy sources to reduce their dependence on oil. 4.Rising inflation:

    High oil prices may lead to increased inflation, which will reduce the purchasing power of the currency and push up prices. 5.Increased geopolitical risks:

    Oil prices** may be associated with increased geopolitical risks, such as conflict and war, which could lead to market instability and a slowdown in economic growth.

  12. Anonymous users2024-02-01

    Impact of reduced resource production:

    1.Promote environmental protection: Policies that reduce resource production can promote environmental protection and reduce environmental pollution caused by oil extraction and transportation. It could also pave the way for broader environmental action.

    2.Maybe**: A cut in oil production means less oil globally**, which could lead to ******. This is a good thing for oil-producing countries because they can earn higher incomes, but the round pie will increase the oil price bill for the consuming countries.

    3.Political issues may change: Some oil-producing countries are dependent on oil revenues, so fluctuations in oil rhetoric may have an impact on the political situation.

    If ****, this could lead to a decline in political stability. If ****, then political stability may be strengthened.

  13. Anonymous users2024-01-31

    When I was wandering around, I saw your question and glanced at the first floor, which really made people laugh and cry. This is actually a short-term change problem in the AD-AS model, and to make it easier for you to understand, I found a graph.

    In the above figure, LAS is the long-term aggregate supply curve and AD is the aggregate demand curve, and these two curves do not move in position. However, the short-term aggregate supply curve SAS may move due to changes in input factors of production, such as the reduction in oil production you proposed leading to the increase in oil**, in addition to agricultural failures, fluctuations in the foreign exchange market, etc., which may cause changes in the SAS curve.

    Due to the rise in the input (or cost) of factors of production (such as: oil), enterprises are forced to reduce output under the same output conditions, demanding a higher price level, or at the same level. As a result, the SAS curve moves to the upper left to SAS, reducing the amount of production that would otherwise exceed potential national income (OY)* to OY.

    The equilibrium point is moved from E to E', the market price level moves from p to p'。As a result, production falls below the level of full employment, and ** rises above the level of full employment. Manifesting in the real economy, that's what you say:

    Prices**, GDP fell, unemployment went up.

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