Domestic oil prices increased pressure in the oil price hike in Sinopec are denied to apply for

Domestic oil prices increased pressure in the oil price hike in Sinopec are denied to apply for CCTV International-Beijing,China earlier this year, in two sessions members about energy saving and consumption reducing, the representative of China Petroleum University Professor Dong Xiucheng. In his view, energy pricing system is the core of the energy reform. Energy pricing mechanism is not perfect, energy price levels and price mechanisms are not fully market-oriented energy prices do not reflect the cost of internal and external costs of energy, energy consumption of low price will not change, they can't really establish a less energy-saving society system.