Oil Game

Author: Feng Yuewei
Publisher:
Publish Date: 2003-07-01
Features: Having oil is a blessing, but it can also be a curse. Controlling oil is a benefit, but it can also be harmful. To survive, one must engage in the oil game and solve the difficult puzzle of oil supply and demand equilibrium. Without oil, the process of industrialization would be delayed, and the arrival of modern civilization would be postponed. Without oil, the standard of human living would regress by 50 years. This book introduces the production of oil, crude oil refining; the severe fluctuations in oil prices that bring uncertainty to the world economy and the resulting several oil crises; the contribution of oil to China's national economy and China's dependence on oil resources, and elaborates on the impact of war on China's economic development and China's oil strategy from seven aspects.