Vol 5 Chapter 47: Oil price

Loan negotiations between Bulgaria and Russia have begun quietly, and Bulgaria's 10-year plan to invest in the largest transportation sector has also been put on the agenda.
Rolex Todd said cautiously, "Today, the core of the conference-transportation, including railways and roads, is expected to total investment of 60 billion levs.
The first, the Baghdad railway resumes work and extends it to the Persian Gulf region, with a total investment estimated at 1.85 billion levs;
Article 2: Construction of a railway from the Asia Minor Peninsula to Jerusalem, ordered as the Holy City Railway, with an estimated total investment of 2.866 billion levs;
Article 3. The construction of an Arabian Peninsula Round-Island Railway, the docking with the Baghdad Railway via Iraq, and the docking with the Holy City Railway via Jordan, the total investment is estimated to be 9.84 billion levs;
Fourth, the construction of the branch line along the Baghdad Railway and the Holy City Railway, a total of 72, is expected to total investment of 4.56 billion levs;
The specific branch lines include the San Franciscan Railway, the Tamar Railway, the next-day Siqi Railway ...
Fifth, the construction of the railway around the southwestern part of the Balkan Peninsula will pass through our domestic border line, and the total investment is estimated to be 2.844 billion levs;
Article 6. In order to strengthen the control of the colonies, the Ministry of Transport decided to build 13 railways in the African colonies with a total investment estimated at 1.86 billion levs;
Including: Nigerian Railway, Libyan Railway, Namibian Railway, Kenya Railway
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Article 36. Within ten years, the Ministry of Communications plans to implement high-speed highway coverage to counties, tertiary highways to townships, and fourth-level highways to connect 80% of the local villages. The total investment is expected to be 180 1.907 billion levs; (without limiting the origin of funds)
Article 37. The Asia Minor Highway Program, the Ministry of Transport plans to invest 7.8 billion levs to establish high highways between major cities on the Minor Asian Peninsula;
Article 37. Highway plans for special areas, including important ports, industrial bases, industrial raw material producing areas, and military sites. The Ministry of Communications plans to invest 9.8 billion levs to implement railway and road coverage plans in these areas; Limited to domestic funds)
... "
After reading it, Rolex Dude joked: "Finally, after reading, I can breathe a sigh of relief. Looking at the numbers on the top, I thought I had added an extra zero, and it seemed to me that I was sure that there were no errors three times. Only then dare to read it out! "
Sure enough, the humorous cells of the Bulgarians were not good, and the atmosphere was agitated. No one laughed below. It seems that many people are still invading the figure of 60 billion.
Rolex Todd did not continue to talk nonsense, and said directly: "Members in doubt, please raise your hand!"
As soon as his voice fell, his hands were raised below, and at a glance almost 90% of the legislators raised their hands. It seems that there are not a few people in doubt.
Rolex Dodd still said in shock: "Okay, the gentleman in the middle of the first row, please ask questions!"
The named man stood up and said with some anger: "Mr. Beshill, please tell me the value of building the Arabian Peninsula Railway. IMHO, although the Arabian Peninsula is vast, it is still sand except sand!
We invested heavily in it, where is the return? Depending on the nomadic people on the island, they can provide us with up to 300,000 heads of cattle and 1 million sheep each year. This also requires us to trade for food. This investment will not recover the cost for 10,000 years! "
Beshir-Ivanov replied without hesitation: "First of all, I have to correct that the Arabian Peninsula is not just sand. The desert in strength alone occupies a third of the peninsula. Although the remaining land is mostly wasteland and mountains , But it is not completely worthless!
In addition to economic value, we must also consider military value. The Persian Gulf is the most important port for us to enter the Indian Ocean. In the future, it will be our navy's largest military base!
Oil production in Iraq has now begun preparations, and transportation must also be based on ports in the Persian Gulf. In the future, the main source of oil in Bulgaria will be the Persian Gulf.
To protect our overseas colonies, the navy's departure from the Persian Gulf is much faster than that from the Mediterranean.
Maybe everyone doesn't know yet that our overseas colonies, as a whole, can achieve a balance of payments, and it won't be long before we can make up the country!
And the colony still has the mineral resources we need. Once opened, it will completely change the status quo of our lack of mineral resources!
Due to strategic security considerations, we have to strengthen our control over the Arabian Peninsula, so the roundabout railway on the Arabian Peninsula is imperative! "
The crowd fell into silence, and it seemed that the calculation was not worth it.
That's right, after the deal with the British, the Bulgarian colonies are not at a loss. The newly added wealthy colonies are still profitable every year. The colonies in Africa finally achieved a breakeven.
Of course, the Asia Minor Peninsula, Iraq, the Middle East, and the Arabian Peninsula are not counted. These areas belong to the construction area, otherwise they are still losing money.
It seemed to be aware of this, and Beshir-Ivanov added again: "This century is the age of the oceans. If Bulgaria does not want to be in the Mediterranean forever, then going to the ocean is inevitable, and the Persian Gulf strategy is what we have taken. first step!"
"Ocean Strategy"! This reason is undoubtedly more persuasive than at least one. It can be said that ambitious countries all over the world are fighting for it!
There are successes and failures! The British Empire is the most successful family, and everyone is vying to follow suit.
The Russians worked hard for more than a century, and finally managed to kill the Baltic Sea. As a result, the civil war broke out and they failed.
The Germans were even more miserable. The world ’s first 6 army powers dominated Central Europe. As a result, they were blocked by the British when they marched towards the ocean!
Americans' ambitious ocean plan has just begun to be seen as a success. As a result, it has ushered in the "U.S. pandemic", which has been battered all over the world and headed for division.
Now it's Bulgaria's turn, how should the maritime strategy go? It is definitely impossible to fight directly against the Germans and Americans.
From suppressing the expansion of the navy, they knew that the government did not intend to stand up to challenge the supremacy of the British Empire, which relieved everyone at the same time, but regretted it!
Rolex's voice sounded again in the ears of everyone: "Third row, the tenth gentleman on the left, please!"
The old man stood and asked, "Excuse me, Mr. Bessier, what is the government's maritime strategy? Is it convenient to disclose?"
Besil-Ivanov thought about it and said, "This is not a secret anymore. The maritime strategy formulated by the Bulgarian government is based on the economy, and there is no plan to participate in the world hegemony. We do not have that. Part of the strength! "
The old man did it with satisfaction. This reply is very reassuring. With Bulgaria's current strength, as long as it does not come out to challenge the British empire's world dominance, it is appropriate to be a regional hegemon!
Rolex Dodd said again: "Members in doubt, please raise your hand!
Second row, the first gentleman on the right, please ask questions! "
The man said directly, "Excuse me, Mr. Bessier, we have to build railways in the African colonies. Is it necessary? Of course, I am not saying that all the railways in it, but some of them are too bad. I ca n’t see the construction Where is the value of the railway!
If it is to maintain the rule, those bad land should not be spied on by the powers! As for indigenous people, I don't think they can threaten our rule! "
"The problem is very simple," Beshai-Ivanov said with a smile. "Now those areas have no value. They will be valuable when the railway is repaired.
You should also notice that the funds we invested in the African colonies are not large. The main purpose is to improve transportation in some areas and facilitate us to open local mineral resources.
No matter how bad it is, you can open several plantations in the local area, which will be profitable in the long run. These investments can recover the cost within five to ten years after the railway is completed! "
Although he didn't say it, everyone understands that the biggest cost of building a railway is manpower, and cheap labor is available. The cost of building a railway in Africa is much lower than that in the country.
The same is true of the subsequent mining and plantations. Using the cheap local labor to reduce production costs, even if the freight is higher, it is still profitable!
Rolex's voice broke the silence: "First row, the right-most gentleman, please ask questions!"
The man asked in confusion: "Mr. Bessier, our Ministry of Transport has invested so much this time. Have you considered our financial capacity?
Sixty billion levs, even if divided into ten years, are still six billion levs each year, which has almost spent our entire year's finances! "
Besil-Ivanov said without hesitation: "No, almost, our fiscal revenue this year is less than 6 billion levs? We can probably break through next year!
If all Yi Nai government invests, we can declare bankruptcy. After all, in addition to the Ministry of Transport, there are other departments that are asking for money.
Everyone knows that at present our Bulgarian railway company has achieved profit. Although there are only four or five billion yuan each year, this is also a report!
This time the railway will still be dominated by government investment, and the highway will be dominated by private capital. At that time, we will invite bids to the world and hand over our domestic roads to capitalists.
At present, the profit channel designed by the government is to build gas stations and grocery stores on both sides of the road, and the government is responsible for helping them to acquire land.
Of course, this is just a concept, and the final result will be discussed. We are not sure whether the capitalists can accept this new mode of cooperation, nor do we rule out the possibility of setting up toll stations on the highway!
In this way, the total investment of the optical railway plan is 258.5 billion levs, and the government financial allocation of 5 billion levs is almost the same. The railway company can provide more than 5 billion levs by itself, and the remaining 15 More than one billion levs were built by railway companies using these railways to borrow from domestic banks! "
Fortunately, loans to domestic banks, if mortgage rights to foreign banks, it is estimated that many people will jump out.
The man asked in amazement: "Mr. Bessier, can a gas station alone make a profit? You know that all of our domestic motor vehicles add up to two or three million, and even less than one million are cars. To rely on this to recover the cost, will the fuel bill not rise to the sky? "
Besil-Ivanov explained: "The data you said is inaccurate. That's last year's data. The number of motor vehicles in our country is 38.6%, and the number of cars is 10%. 25: 4!
Although it is impossible to maintain such a high growth rate, within ten years, the total number of motor vehicles in the country exceeded 10 million. There is no problem.
According to the average refueling cost of one thousand levs per vehicle per year, their revenue is 10 billion levs, of course, which also includes the maintenance and repair costs of the roads.
This number should be able to balance income and expenditure. If capitalists want to make a profit, they may have to wait again. When every household we make has a car in the future, they will make a profit. This is a long-term Go!
If the capitalists cannot accept it, we will also consider letting them collect motor vehicle tolls on high roads, shortening their profit time! "
Like most people, Beshir-Ivanov is not sure whether the capitalists can make a profit by relying solely on gas stations. After all, the price of oil cannot rise indefinitely. If the price is too high, everyone will buy a car. Motivation belongs to killing chickens for eggs!
Bulgaria has a limited population. In their opinion, 10 million motor vehicles across the country have almost reached their limit. Below this number, there may be no problem in achieving profitability, but it is definitely not easy to make money.
Therefore, this business is destined to be only the future oil tycoon Ferdinand, even if the profit of the gas station is not enough to achieve profit, but the oil company has made money, it is to cultivate the market's early investment.
The crowd fell into contemplation, and suddenly someone raised his hand again. Rolex Todd didn't make nonsense, and said directly: "Fourth row, the second gentleman on the left, please ask questions!"
The man embarrassed and said, "Mr. Bessier, is there any time limit for this?"
Besil-Ivanov asked in confusion: "Are you asking the gas station or the toll station? If it is a gas station, I think there should be no time limit. After all, in addition to repairing the highway, the capitalists are also responsible for the village. Highway, the investment in it is too big, and we don't know how long it will take them to get back to business!
If it is a high-speed highway toll station, there should be a time limit. It does not bear the construction of ordinary highways. The investment in the construction of high-speed highways is not so large, and it is easier to profit! "
This is also no way. If you only build high-speed highways and endless ordinary highways, people can refuel and go higher, and do not monopolize gas stations across the country. Do n’t want to make money!
Not only is the government bundling business to the capitalists, but it must do so in order to make a profit!
The man continued to ask, "So Mr. Bessier, what about agricultural vehicles? Ordinary family cars can be used by rich people. Even if the price of oil increases two or three times, they can afford it, but our What about agricultural vehicles and transportation vehicles?
Ordinary people can't afford this expense, it will hit us now mechanized agriculture! "
Besil-Ivanov replied calmly: "This problem does exist, UU reads www.uukanshu.com, but your guess may not be born!
The first capitalists are not stupid, it is impossible to set a high price that most people cannot afford, so they will not be able to sell their oil;
Secondly, there is the Price Bureau. The government will not sit idly by when the oil price soars. For example, once the crude oil price soars, the government will issue regulations to limit the price of oil for agricultural machinery and transportation vehicles.
What the capitalists can completely control is the price of private car oil, which is a luxury product. As you said just now, even if the price of oil increases by two or three times, they can accept it! "
Well, in this era, everyone's cars are still standard for the rich, at least only the middle class can buy them. You don't need to consider the issue of oil prices for them.
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