油价问题英文演讲.ppt

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油价问题英文演讲

This represents an increase of about six percent in retail fuel prices. After the adjustment, Beijings refined oil price exceeded eight yuan, or 1.3 dollars a litre in average. The NDRC (国家发改委) said the government will provide subsidies for people working in the fishery, forestry and public transport sectors, as they will likely be heavily impacted by the hikes. To maintain prices, the government has also ordered railway and urban public transportation administrators not to hike prices. Analysts say the impact from the price hikes will be limited to pushing up inflation, as product oil only accounts for 0.5 percent of the basket of goods used to calculate Chinas CPI. Goldman Sachs data showed that the hike is expected to add about 0.37 percent to the CPIs rise this month. However, the NDRC warned that China is facing mounting pressure to meet increasing fuel demand at home, in addition to a heightened reliance on imports. The NDRC last changed gasoline and diesel prices on February 8th - raising them by 300 yuan per tonne in response to rising international oil prices. Since then, international oil prices have registered large increases due to the impact from the nuclear crisis in Iran and other factors, the statement said. The Chinese government adopted an oil pricing mechanism at the start of 2009 that allows the NDRC to adjust retail fuel prices when international crude oil prices change by more than 4 percent over 22 working days. since January 2009 to now, the domestic product oil prices adjust 17 times, including 12 times up, down five times. brother oil price (油价哥) pedestrian : “Can I say some dirty words?” Reporter: “I‘m afraid not.” Pedestrian: Then Ive nothing to say. High Oil Prices Drive Search for New Fuels With rising oil prices inflating the cost of almost everything, people are looking for other ways to power vehicles, and even for alternatives to vehicles. Ten or 20 years from now, the car you drive or the bu

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