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The relevant person of the National Development and Reform Commission explained that due to the rise in international oil prices, the exploration and mining sales of crude oil in the upstream plate of PetroChina and Sinopec increased, but the increase in oil prices also increased the cost of oil refining. In the case of domestic refined oil price adjustment is not in place, refining The profits cannot be guaranteed. This person said that the National Development and Reform Commission has informed the two major oil companies that they should not focus on profits, but should take measures to subsidize the downstream with their own upstream.
For consumers who have questioned, since the oil companies are making money upstream and downstream as a whole, why should they increase the price of oil? The above-mentioned sources said that if the oil company is to lose money, it will return to the state before the pricing mechanism, which may lead to oil shortages. At present, the government extracts profits from oil companies by collecting special proceeds and subsidizes the public after oil prices are raised.
In addition, there is another purpose of increasing oil prices to control oil consumption demand. For example, he said that in 2010 China's auto sales exceeded 18 million, if a vehicle consumes 1.5 tons of fuel every year, 45 million tons of fuel is consumed in the year, while China's crude oil production is only about 200 million tons, and the domestic oil security situation is not optimistic.
The Development and Reform Commission requires PetroChina and Sinopec to use the upstream subsidy downstream
Compared with the rise in oil prices last year, the Development and Reform Commission also said that it has significantly increased the price of oil, and announced a new measure, requiring PetroChina, Sinopec to use the upstream plate to subsidize the downstream.