The Industry Chain Of High Oil Prices Is Hard To Rise In Yantai'S Wanhua Price

In the Shengli oil field, the workers of the oil extraction plant turned a small wellhead on the side of the oil extractor. When I saw a few drops of oil from the well, I could not calm down for a long time.

The pparent liquid dripping on the ground is mixed with water to penetrate into the ground. With the extraction of the oil extractor, it may deeply impact every corner of the world economy.

Before coming to Shengli Oilfield, one may think unilaterally that the huge profits of nearly $1000 yuan per barrel of crude oil will bring unimaginable profits to the oil field.

But after four days of interviews with oilfields, chemical plants, chemical sales companies and refineries, it is obvious that the impact of high oil prices on China's chemical industry is very strong.

China's oil fields and managers are not jumping under high oil prices. Some oil fields have to stop production or cut production because of the shortage of electricity.

Even with higher profits, China's oil fields, upstream producers and profit creators, are also being implicated in rising oil prices.

Every year, Shengli oilfield needs to import and purchase a lot of drilling and oil extraction equipment. But due to the recent rising prices, the company requires the oilfield enterprises to strictly control the cost of equipment procurement. Therefore, under the condition of the facilities being compressed, the enterprises will also increase the production and supply of crude oil through the internal management to protect the social needs.

Local refineries are not losing money at present, but because the quality of upstream fuel oil is limited, their production of gasoline and diesel is also different from standard products.

If oil prices continue to rise and the domestic demand for finished oil quality is becoming increasingly stringent in the future, local refineries will not be able to continue to use fuel oil as raw materials for processing oil products. In addition, their downstream private oil products filling stations will also be severely damaged, and oil refining enterprises may choose to be integrated or self destructive.

Chemical enterprises are also hard to escape the refraction and baking of high oil prices.

Yantai Wanhua is a typical excellent company in the chemical industry. It is in the leading position of the industry. But because of the competition among the competitors, the price is difficult to improve at a time, but it still can maintain the operating profit.

But where will China's other chemical enterprises go?

In June 2008, in the 39 chemical products listed in China Chemical net, the prices of 11 kinds of products, such as xylene and toluene, dropped, and the prices of the 7 products were flat. The 21 mainstream chemicals represented by the original salt were on the rise.

These situations are not what we want to see, and we do not want them to happen.

What we can do now is always remind ourselves that we should control and save every energy that we can have everywhere.