Chapter 1918: Petroleum storage

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The happy time always comes to an end.
Before David and others got in the car and left, they all told Li Zitao that they would donate part of the family's collection to his museum.
Li Zitao promised: "I will write your names in the most obvious place to ensure that everyone who walks into the museum will see it."
"It could not be better."
The vehicle started and drove along the road to the nearest city airport.
Their private jet has been waiting on the runway for a long time.
"We should set off too." Li Zitao boarded H3, leaning on his seat and closing his eyes to rest.
"So, BOSS, the final answer is?" After the vehicle started, Evelyn had to take the initiative to mention it.
"what?"
Seeing her innocent expression, Li Zitao suddenly said: "Oh, about the Willistown Basin."
"Of course, they agreed. This is indisputable. The initial investment of 5 billion US dollars, first contact those who are willing to sell."
"Understood." Evelyn took a note on the matter.
Williston Basin, this investment will become Mobil's most important investment project in the next 5 to 10 years.
At the same time, it is directly related to the future destiny of Mobil.
"Before the project is finalized, all expected dividends are cancelled, everyone is returned to work, and their vacation is terminated."
This project is too important, not just the amount of investment from Mobil.
The survey and development of the Williston Basin are also related to future oil prices.
If a large amount of reserves of oil and natural gas are found there, and Mobil announces that it will start exploitation, the international oil price will once again usher in a stimulating roller coaster fluctuation.
The worst is naturally the oil countries, the Middle East, Saudi Arabia and other places.
But don't worry, in Li Zitao's plan, he is not prepared to do this.
The discoveries in the Williston Basin will become Mobil’s reserves, and they will not be directly marketed.
Although it will still have a certain impact on prices, at least it will not make investors suffer from heart disease.
"Are we going to build a new oil storage warehouse?" Evelyn was a little surprised.
In Mobil's plan, there is no such item, and BOSS has never mentioned it.
"No, we directly hand over the oil to other oil companies for storage."
Li Zitao smiled and shook his fingers, and said: "Don't forget, there are still so many oil giants in the United States, and their warehouses are empty."
"But in doing so, they are likely to use the reserve oil, or use it for loans... If we encounter serious economic problems, we are likely to lose everything."
Evelyn didn't understand, how could the boss think of such a bad idea.
"It's not possible, it must be...according to your statement."
Li Zitao's plan is not to reserve oil in other companies for free, but to reserve with collateral.
All companies are controlled by the Rockefeller family.
The amount of oil reserves will be mortgaged with Wells Fargo.
In each settlement, the rich country will balance out the equivalent amount and put it into the insurance account.
Once there is any problem with the reserve oil, Mobil will immediately get the full compensation from the real-time market equivalent price from the account.
"It sounds good!" Evelyn wasn't sure if it was a good idea.
"I know what you are going to say, don't say it!" Li Zitao prevented her from continuing.
In fact, this matter still has certain risks...
Well, it must be admitted that there are great risks.
Because the price of oil changes with the market, the margin is not.
However, being a human always requires some trust.
This is his trust in David and Lawrence, and Li Zitao believes that they will not mess around with this matter.
In fact, the reason why he thought of handing over oil reserves to other companies for storage.
It's all because of the needs of David and Lawrence.
The oil market is booming, but it does not mean that all oil companies are living well.
Why did David take the initiative to talk to Li Zitao about oil reserve?
Isn't that because the local oil fields newly discovered over the years have all been occupied by Mobil?
Mobil's output is increasing year by year, and its market share is rocketing.
The orders of other companies are reduced and then reduced, and then reduced.
This is true not only in Europe and America, but also in Asia and Africa.
The output of the Persian Gulf not only meets local needs, but also goes far beyond Europe and other places.
Washington has always required oil companies everywhere to have a certain amount of reserves.
But in recent years, other companies, including oil giants like Exxon and Chevron, are using reserve oil.
No, you can only watch Mobil seize the market that belongs to itself.
But if this continues, they will be discovered by Washington sooner or later, and no one knows what trouble they will cause.
The only certainty is that those politicians who are afraid that the world will not be chaotic will definitely bite them like crazy dogs.
Do not tear off a piece of blood, never give up!
If Mobil had not merged with Alaska Standard Oil, it would be a bitter life.
In fact, the reason why Li Zitao agreed to this matter is not just because the price of self-built reserve warehouse is too high, it takes too long and is too troublesome.
Moreover, after a period of time, these warehouses are often eliminated.
In the end, it can only be reduced to waste and located on a desolate land ~ EbookFREE.me ~ no one cares.
Ok!
Closer to home, this is not the main reason.
The most important reason is to maintain market stability and give Mobil enough time to gradually annex a larger market.
Sometimes too much reserves is not a good thing, and it is not easy for everyone to experience a drop in oil prices.
But the most severely affected is definitely Mobil.
Mobil is the world's number one oil company, stronger than the two Dutch Shells combined.
Any fluctuations from the international market, even minor fluctuations.
It may cause hundreds of millions of dollars in damage to it, which is by no means good news.
Therefore, Li Zitao agreed to David's proposal.
This will not only stabilize oil prices and cut costs.
It also gives Mobil more time to solve the problem...
Small companies have trouble with small companies, lack of money, lack of talents, lack of technology, and everything!
For large companies, their biggest problem is that they lack everything.
Not only is there no shortage, it is far beyond what is needed.
The principle of inflation couldn't be simpler. This is the problem that Mobil is facing now.
If they just move forward blindly and recklessly, what may eventually trigger a national oil price crash.
Of course, they can make a fortune in the stock market by doing so.
But the trouble that this money brings, the hidden danger it lays is far more serious than its value.
For them today, all shareholders of Mobil.
They can lie down and make money anytime, anywhere. Since this is the case, why bother to make decisions with huge hidden dangers.
Know that no matter how deep the bomb is buried, it will eventually detonate one day.
This is a lesson and experience from history!