The Price Old Picture Restoration

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The price of gasoline in the United States has risen by an astonishing 50% in the past year, but domestic refineries have decided to close due to the sluggish demand during the epidemic. Therefore, the total capacity of American refineries is still 1 million less than before the epidemic. The total number of refineries is also 5 fewer than at the beginning of 2020. As for the US shale oil producers, which are expected to solve the problem, they have invested so much money in expanding production when oil prices were low in the

past that old picture restoration their financial situation was generally unsatisfactory. In addition, before the advent of the inflation crisis, the government was very unfriendly to accelerate the energy transition. Therefore, even if the major shale oil manufacturers saw a rapid rise in oil prices after the war this year, they all said that they would only increase production slightly according to the original plan. (about 5%), and plans to return this year's increased earnings to shareholders.

Another problem of supply chain rupture that has persisted since the outbreak of the epidemic has not been completely resolved, under the policy of Xi Jinping's insistence on zeroing. In case the outbreak of the epidemic in the CCP's major cities triggers an unwarranted closure of the city , it will be a great impact on products that have not yet found an alternative source of supply. And not only the final product, many components from the CCP still have serious shortages of materials, so the supply of consumer goods and intermediate goods imported from