Despite a slight delay, the impact of international oil prices exceeding $100 per barrel is now being felt across the country. On the eve of the two sessions, a gas station in the northern suburbs of Beijing saw an unusual rush of vehicles lining up for fuel. Drivers were sending a clear but unspoken message: domestic oil prices can't stay low forever, so better fill up now.
When global oil prices swing wildly, the domestic market often becomes tense and uncertain. Many people are confused: we've implemented measures like increasing production, gradually opening up the market, and promoting energy efficiency. These steps are part of international best practices. Then why do concerns about oil supply persist? Is there really an "oil shortage" at home?
The reform of energy pricing, especially for oil, has always been a complex issue. During this year's two sessions, many representatives and committee members discussed energy security. He Shushan, a National People’s Congress deputy, pointed out that China's oil prices have only limited links with international prices. While crude oil prices have aligned with global levels in recent years, refined oil prices are still regulated by authorities. This means the current pricing mechanism is not fully reflecting market conditions, leading to inefficiencies in resource allocation and energy conservation efforts.
Proposals from various associations agreed on one key point: under the current controlled pricing system, domestic oil prices fail to reflect resource scarcity, which encourages excessive consumption and weakens the pressure to save energy. This ultimately worsens the imbalance between supply and demand in the oil market, affecting related industries.
According to the latest report by the International Energy Agency, global oil consumption rose by 1.2% in 2007, with the Middle East, Africa, and China seeing increases of 4.9%, 4.2%, and 4.8% respectively—among the highest globally. Notably, North America and Europe experienced negative growth.
Professor Cha Daotang from Peking University argues that the sharp rise in oil consumption in certain regions has encouraged international oil sellers to take risks. They bet on a sustained global economic recovery and continued growth in oil demand from major importing countries. With this confidence, oil capital can manipulate prices and drive them higher.
As international oil prices climb, China feels the effects deeply. The root cause lies in the way domestic oil prices are regulated. In the absence of a competitive market structure, it's unrealistic to fully liberalize prices. Some control is necessary, but it shouldn’t mean artificially high or low prices.
Some delegates believe that the threat to China's energy security remains a pressing issue. Rising oil prices could push up the cost of petroleum-based products globally. Under price controls, domestic products remain competitive, increasing their demand abroad and, in turn, boosting the need for refined oil domestically.
Zhao Yongqi, another NPC deputy, noted that regional imbalances have led to strong demand for refined oil in certain areas. For example, in Inner Mongolia, Hohhot and Baotou have seen rapid growth in refined oil consumption, requiring large amounts of fuel to be transported from the northeast and northwest. Due to long distances and tight railway logistics, short-term supply strains are likely.
Last year’s “oil shortage†was a stark reminder. At one point, China imported diesel at around 7,600 yuan per ton, while coastal prices were around 6,700 yuan. This created a 900-yuan gap—a classic case of supply and demand imbalance.
One key attribute of resources is that they follow price signals. When prices are high, investment flows in; when prices are controlled, resources may not reach the right places, causing shortages. Conversely, when prices reflect true value, consumers are more cautious, which helps conserve resources. Reforming the oil pricing mechanism is a crucial game in energy security—every move matters.
In the proposals, several positive measures were suggested: moving toward marketization, gradually aligning domestic oil prices with international ones, and developing both futures and spot markets to actively influence global oil prices.
Some representatives also proposed complementary actions: strictly controlling oil consumption growth, limiting excessive use of high-energy vehicles, and strengthening demand-side analysis to manage consumption effectively.
Oil price reform affects people’s livelihoods and requires careful handling. However, facing supply and demand challenges, energy security should not be compromised. Reforms must be coordinated. If all economic actors act solely in their self-interest without considering broader impacts, the outcome will likely be disappointing for everyone involved.
Multi-layer Cast Film Line
Multi-layer co-extrusion functional film casting production line
Specifications
Film Structure 357
Screw aspect ratio 32: 1 32:1 32:1
Screw directly 75:125:75 75:75:90:75:75 75:65:75:65:75:65:75
Mold width 2500 2500 2500
Finished product width 2200 2200 2200
Finished product thickness 0.03mm-0.2mm 0.03mm-0.2mm 0.03mm-0.2mm
Maximum extrusion capacity 10 tons/24 hours 10 tons/24 hours 10 tons/24 hours
Mechanical design line speed 160 160 160
Total power 350KW 365KW 380KW
1 Advantages and characteristics of multi-layer co-extrusion cast film production line
| This production line can produce CPE, CPP, EVA, PETG, PVC, PES transparent, textured and breathable films.
| The screw is designed with special mixing function and high plasticizing capacity, combined with a special static mixer to ensure good plasticizing, good mixing effect and high output.
Jingcheng automatic adjustment die head and French Skender automatic thickness gauge can be selected to automatically detect film thickness online and automatically adjust die head.
|Large-diameter forming rollers and special spiral channel design ensure good film cooling and shaping effects at high speeds.
| Equipped with a negative pressure device to ensure the stability of the film melt film.
1 Film scraps are directly recycled online, greatly reducing production costs.
1. The drive of the whole machine is driven by a servo motor, and the constant torque ensures stable and efficient operation.
|Screw power adopts permanent magnet motor to save 20% of electricity.
|Strong after-sales team guarantees customers normal production without worries
I Fully automatic center crimping, automatic roll changing and cutting, easy to operate.
I multi-co-extrusion design can flexibly adjust the formula to reduce costs on the premise of ensuring product quality and functionality
The configuration is flexible and changeable, tailored according to the actual needs of customers, and the cost performance is maximized.
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Baijia Mechanical Equipment (Huizhou) Co., Ltd. , https://www.castfilmmachine.com