Analysis for two major reasons leading to local oil shortage

Analysis for two major reasons for the shortage of local oil China Dong Xiucheng Vice Dean, College of business administration, University Professor, for two reasons, first, GDP growth rate of China's rising, driving the sharp increase in the demand for oil, the general rule is GDP growth 1%, oil consumption to grow 1%. Another reason is that linked to the level of oil prices is not at present in China and international oil prices hang upside down so that some refineries started ...