Almighty Coach

In a Mediterranean-style villa, Kevin Taylor walked in the yard with a large piece of fresh steak in his hands.

"Xiao Tiantian, let's eat, Dad bought you a fresh steak!" Kevin Taylor walked up to a tiger.

This is a tiger raised by Taylor since he was a child, and it is also Taylor's most beloved pet. When Taylor was about to go bankrupt, he sold a lot of his belongings and tried every means to feed his tiger.

"Beep beep..." The doorbell rang,

"Someone's here, Dad, go and open the door!" Taylor threw all the remaining beef to "Sweetie", turned and walked towards the gate.

There is a first-generation Ford Mustang parked in front of the door, and it is still the 1968 model.

The price of the Ford Mustang is not expensive, it can only be regarded as a civilian sports car, but the first generation of the Ford Mustang is already a classic car fifty years ago, and its rarity is far higher than that of many luxury cars. The 1968 Ford Mustang is even more classic. The classics are collectibles. People who can drive this super classic sports car are definitely not ordinary people.

Looking in front of the door again, there was a bald white man standing in his early 18's, in his thirties, with a thin face.

"Jimmy, why are you here!" Taylor obviously recognized the other party, opened the door and let the other party in.

"Kevin, long time no see." The white man didn't come empty-handed, he handed a gift box to Taylor, and said, "Baulin Chateau in 2003, I hope you like it."

Baolin Winery is one of the top ten red wine wineries in the United States, and it is located in the Sonoma region of California. Although Baolin Winery has a great reputation, its products are still of good quality and cheap compared to other well-known wineries.

"Thank you." Taylor took the gift box and invited the white man into the living room.

After the guest and host were seated, the two chatted for a while, and the white man got to the point first.

"Kevin, I plan to come back!" The white man said.

"Why? You have retired for three years. It's time to enjoy life. Why are you planning to come back?" Taylor's expression became surprised.

"I want to make money. My money is gone," the white man said.

Taylor looked at the white man in surprise, and he asked, "I remember that you don't know how to gamble, and you haven't made many friends. What have you done? Where has all your money gone?"

As we all know, pornography, gambling and drugs are all prodigal behaviors, but Taylor still knows the financial resources of this white man very well. If he is looking for a woman, even if the white man gets prostitution, he will not spend his own money; If so, according to the price of drugs in the United States, this white man has enough money to suck to death. Moreover, white men don't know how to gamble, and white men are not like black people. They don't have the habit of raising a lot of friends, so they shouldn't spend money so fast.

"I made a very bad investment. Almost all my belongings were invested in it, and I will lose everything soon." The white man replied.

"What the hell are you investing in? And it's not the time of the financial crisis a few years ago. Even the cannibals on Wall Street have become cautious. Some investments will lose money, but they will lose everything." But a lot less." Taylor said.

"I invested in oil. Shale oil to be precise." The white man said helplessly: "I partnered with others and invested in shale oil exploration. It was very good at the beginning and made a lot of money, but Recently, OPEC has started to increase production, and oil prices have fallen sharply. Not only are our oil wells unable to make money, but we even lose a lot of money for every barrel of oil produced.”

Shale oil used to be a resource that was difficult to exploit, but with the development of science and technology, especially the advancement of hydraulic fracturing technology, the cost of shale oil production has dropped significantly, and with the continuous improvement of technology, shale oil The cost of oil extraction will be further reduced.

The return on investment of shale oil exploitation is also very short, the initial investment cycle only takes two to three months, while the investment cycle of traditional oil fields reaches five to seven years, which makes shale oil a good investment project .

At present, the cost of mining shale oil in the United States is US$40 to US$60 per barrel, and the cost of extraction varies from region to region. When international oil prices are high, the exploitation of shale oil can bring extremely high profits, and the return on income can be obtained quickly. Therefore, there has been a wave of investment in shale oil in the United States.

A large amount of shale oil is extracted, which is equal to the increased oil production of the United States, which naturally reduces the amount of oil imported by the United States from OPEC, and due to the increase in the number of shale oil production, the United States also intends to export shale oil, which is equal to from an oil-importing country to an oil-exporting country. For OPEC, the United States, the original big customer, has also become a competitor.

So OPEC launched a counterattack. They increased the supply of oil and began to drive down oil prices. Take the Middle East as an example. The cost of oil extraction in their onshore oil fields is less than US$10 per barrel, so they are not afraid of a price war.

The price war started, the price of oil plummeted, OPEC's oil price was even lower than the cost of US shale oil extraction, and all shale oil in the US was in a state of loss, equal to a barrel of oil being extracted.

And because the exploitation of shale oil uses hydraulic fracturing technology, once it is exploited, it means that it cannot be stopped. The basic principle of hydraulic fracturing technology is to inject fracturing fluid into the oil layer first, let the pressure build up in the oil layer, and use the pressure to break through the oil layer to create cracks, through which oil and natural gas can flow into the drilling head. In order for this fracture to continue to open, in addition to injecting fracturing fluid, it is necessary to continuously inject proppant into it. Once the injection is stopped, the pressure in the oil layer will decrease, and the cracks in the oil layer will be closed, and all the previous efforts will be in vain.

Therefore, as long as the drilling of shale oil is produced, it can only continue to invest, even if it is at a loss, the oil well must continue to produce oil. This is like a businessman who bought a batch of goods and found that they couldn't sell them at all, so selling them below the cost can make up for a little loss, and if they keep them in their hands, they won't get a penny.

This is what the white man is facing now. He has to invest in shale oil, and even though the price of oil in the market is already lower than the cost of extraction, he still has to keep investing money so that he can at least get back Some losses, if the oil price rises, there may be some gains. But if you stop investing, all your money will be wasted

The white man went on to say: "I plan to come back to earn some money. It would be the best if I can participate in another Olympic Games. At least I can receive some advertising sponsorship."

"That's for sure. Based on your achievements in three Olympic Games and six Olympic gold medals, as long as you can appear in the Olympic Games, there will be no shortage of sponsors." Taylor said.

"I'm confident in my fitness, but I'm 34 and age is something I can't ignore. That's why I came to you. You've been back to your prime before, so I'd like to ask Help me!" the white man said sincerely.

"I was able to get back to the top because I found a good physical coach. You may have heard of him. He opened a chain of physical training centers in Los Angeles." Taylor smiled, and then said: "I can give you Referral, but let me explain in advance that his fee is a bit expensive!"