Resource Tycoon Reborn

Chapter 299 Uncertain future

"It can replace oil, but the production cost is relatively high, so this technology has not been used on a large scale. However, this technology is also constantly developing, and the international market price of oil has entered an upward channel. I am worried that it can

Really large-scale shale oil technology will appear in the next two or three years." Fang Mingyuan said with a smile, "However, you don't have to worry, there are still many obstacles to this technology being widely used in Asia, and

China's increase in oil demand can completely offset the decrease in U.S. imports."

Mr. Guo's brows immediately widened. Yes, the oil tankers of Guo's Shipping Group are mainly responsible for the demand for crude oil in Asian countries, and China is mainly responsible for it. Since Fang Mingyuan has been aware of the existence of this risk, he has taken precautions in advance.

If you are prepared, even if it happens, the impact on Guo's Shipping Group will not be great. Moreover, this may become an opportunity for Guo's Shipping Group to grow again!

"Now that you have noticed the risks that you may face in the future, I am relieved." Mr. Guo smiled with satisfaction. Although Fang Mingyuan became a monk halfway in the shipping industry, it must be said that he is still very optimistic about the future of the industry.

His vision was very good, which made Mr. Guo very happy.

After chatting with the old man for a while, Fang Mingyuan took the initiative to say goodbye. After all, the old man was here for a long time and needed to rest. Fang Mingyuan left Mr. Guo's study and walked towards the small building where he stayed. He couldn't help but wonder, Guo Xiangyi

What happened to offend the old man? It seems to have something to do with him? He has no personal contact with Guo Xiangyi's family. If they have anything to do, they usually come to Yu Qiuxia. They don't always run around here and there.

He, Fang Mingyuan, was wondering whether he should ask Yu Qiuxia what was going on. If the old man didn't want to talk about it, it would be useless for anyone to ask.

Fang Mingyuan shook his head, looked around, and turned onto another path. That led to the pavilion on the back mountain. Although it was winter, the temperature in Hong Kong was still relatively high. On days when there was no wind, the afternoon sunshine was still there.

It's very warm, and it feels warm all over your body.

In fact, he did not say anything to Mr. Guo. Since he knew that the Americans were researching the technology of extracting shale oil, and also knew that the Americans had indeed achieved results later, and the domestic shale oil reserves were ranked among the best in the world.

, how could Fang Mingyuan ignore it. So he invested in a project to develop shale oil technology in the United States by twisting and turning. Naturally, he had a detailed understanding of the process of shale oil technology.

Nowadays, the technology for extracting shale oil can be said to be on the verge of reaching its final stage. It may not take two or three years, driven by high oil prices in the international market, to enable large-scale shale oil extraction to become a reality. And in the United States,

The reserves of shale oil are astonishing. If the U.S. government does not restrict the exploitation of shale oil...then there will only be one result, that is, the U.S.'s dependence on imported oil will continue to decrease. The U.S. will no longer be the world leader.

The largest importer of crude oil! Although he did not see the peak of shale oil exploitation in his previous life, he knew more or less that the production of shale oil in the United States has reached two million barrels per day! And the United States imports crude oil

.Now it is only about 10 million barrels per day! This output is tantamount to a shot in the arm for the US domestic oil production industry, which has been in decline!

The United States' dependence on imported oil continues to decline, which of course has a huge impact on oil-producing countries, especially in the past few years when crude oil in the international market has continued to rise. Each one of them has made a fortune.

Yuan is extremely generous. Even Russia, which has been severely weakened since the disintegration of the former Soviet Union, has taken advantage of this opportunity. It has regained its composure and gained a lot of confidence.

The United States has once again become an important producer of crude oil, and shale oil has become a new mining technology that oil companies around the world have to pay attention to. The impact on traditional crude oil producing countries will be quite shocking. The price of crude oil in the international market is definitely

Will be affected, and will the serious impact of the subprime mortgage crisis continue to ferment after 2012? What will be the trend of crude oil prices in the international market by then? Will they continue to consolidate at a high level?

Or will it... fall down?

Sitting in the pavilion with his eyes closed, Fang Mingyuan was basking in the warm sunshine, but he was constantly analyzing in his mind. As one of the most important energy sources in the world, the price trend of oil can be said to have an impact on the development of the world economy.

Very important. Moreover, the Fang family now has its own oil company and oil field shares overseas. Especially offshore oil field mining in Brazilian waters. If the price of crude oil in the international market drops to a certain level, then offshore mining

Crude oil will become completely unprofitable, and all it will face is high losses.

Moreover, the rise in crude oil prices will also affect the rise and fall of the shipping industry. The tanker fleet has now become an important source of profit for Kuok Shipping Group Company. If the demand for crude oil in various countries around the world declines, how will it be adjusted?

These must be judged in advance. And all of this needs to be judged by himself. There is no information from the past life for him to draw from. Fang Mingyuan is naturally under great pressure.

"If the production of shale oil in the United States has caused a significant reduction in the amount of imported crude oil in the United States, then the first one to be affected should be Saudi Arabia!" Fang Mingyuan murmured. Saudi Arabia is the world's largest oil producer.

It is also a core ally of the United States in the Middle East and is protected by the United States. If the United States reduces oil imports, at the same time, other countries in the world are unable to fully fill this gap, and traditional oil-producing countries cannot agree to reduce oil imports.

If the output increases, the price of crude oil in the international market will definitely fall, and Saudi Arabia's economy will be greatly affected. After all, for it, oil exports are a pillar industry.

Fang Mingyuan doesn't know whether the world's economic development will be able to completely get rid of the impact of the subprime mortgage crisis after 2012 and return to the upward path, but he knows that these traditional oil-producing countries will definitely not be able to reach an agreement to reduce production.

Opinion! First of all, due to the expansion of the number of oil-producing countries, the production capacity of crude oil is no longer what it was in the 1980s. Most of it is in the hands of OPEC countries. Not to mention whether the OPEC countries themselves can reach an agreement, they have reached it. Without Russia, Venezuela, and Brazil

Without the cooperation of other countries, crude oil production cannot be reduced, and the more the international price of crude oil drops, these countries that rely too much on oil exports to earn foreign exchange will have to export more crude oil to maintain domestic economic development.

Secondly, it is no longer possible for the members of the OPEC Organization to work together as they did in the 1980s. Not to mention other countries, including Iraq, which is in dire straits, and Iran, which is sanctioned by the United States. Without oil exports, the domestic economy will suffer.

It may collapse! The two governments will definitely not take such a risk easily.

Third, Fang Mingyuan thinks that Saudi Arabia is very likely not to reduce production! It sounds a bit ridiculous. Logically speaking, as the world's largest crude oil producer and the leader of the OPEC organization, it protects the stability of oil prices.

Safeguarding the interests of OPEC oil-producing countries is in line with Saudi Arabia's national interests. However, Fang Mingyuan's judgment is not groundless and has historical precedent.

Whether it is a decrease in quantity or price of crude oil exports, it will have an impact on Saudi Arabia's economy, and the continuous increase in U.S. shale oil production will cause Saudi Arabia to lose some large U.S. customers. But this is not the point, what is important

Unfortunately, this result will have a consequence, that is, the importance of Saudi Arabia and even the Middle East region to the US government will decline significantly. This is the most worrying thing!

The Middle East is the region with the richest oil reserves. It can also be said to be a powder keg region. Since World War II, the Middle East has never been completely peaceful for several years. There have been several wars in the Middle East, followed by the Iran-Iraq War.

, then Iraq invaded Kuwait, and then the United States overthrew Saddam. Until now, Iraq is still in a mess. There are no major military conflicts, but small-scale conflicts are continuous, and there is Iran watching covetously.

Although Saudi Arabia is the most important country in the Middle East, it is not the strongest country. Otherwise, after Iraq invaded Kuwait, why did the Americans need to take the lead in organizing a coalition to repel the Iraqis? Now, Iraq has been

The Americans have been in a mess, their national power has declined significantly, and the country is even more turbulent. If the support of the United States and European countries is not considered, Iran first fought the Iran-Iraq war and was sanctioned by developed countries led by the United States. Can Saudi Arabia be able to fight the war?

Can beat Iran? At least Fang Mingyuan is not optimistic about it. Moreover, there is no harmony between various sects in the Middle East, and there is also the powder keg of Israel. If the US government pays less attention to Saudi Arabia and the Middle East, the chain reaction will be

It is difficult to estimate the consequences.

Therefore, Fang Mingyuan feels that in order to prevent this situation from coming true, Saudi Arabia is likely to do the opposite, which is to maintain crude oil production, or even expand oil production, and use its low-cost advantage in crude oil production to force American shale oil companies to

Withdrawing from the market, thereby regaining the share of the U.S. crude oil market and controlling the world crude oil market, forcing the U.S. government to re-emphasize the existence of Saudi Arabia to ensure social stability in the Middle East and Saudi Arabia itself. (To be continued)

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