Vice Premier Cheng Yun's eyes looked at Guo Zhuocheng from time to time, and he thought quickly while taking notes carefully.

"The reason why the United States is not afraid of high oil prices is that American oil companies have a stake in almost all the world's major oil fields," Guo said. Many large oil fields even have more than 50 percent of the shares, which means that a large part of the profits brought by those high-priced oils go to American oil companies. It can be said that the United States only moves the money of car drivers into the pockets of American oil companies, and the US government also collects a lot of taxes from it. Although some of the common people have suffered, or the common people have suffered a little, but the US government and oil tycoons have made a fortune, will they care?

The second reason is determined by the status of the dollar. At present, many countries in the world still use the US dollar as their foreign exchange reserves, and the rise in oil prices has depreciated the US dollar in disguise, making other US commodities more competitive, thus promoting US exports. The increase in profits from exports can also compensate for the losses caused by high oil prices. If the currencies of other countries, such as Japan and Europe, can take the initiative to appreciate, then the United States will benefit even more.

These benefits have benefited the American people, and these intricate relationships have also made the United States more resistant to rising oil prices than other countries. To stay unintentionally, looking at the sky and the clouds are so leisurely, but at least not as much as we feared they lost so much. ”

Guo went on to say: "The rise in oil prices now brings a huge benefit, which is conducive to the development of bioenergy and the production of biodiesel. We can't speculate with malicious speculation that the United States has been pushing oil prices up in the past two years, but the current facts, especially the announcement by the United States to increase the development and investment in bioenergy technology during this period, are indeed a very sensitive issue.

As far as I know. There are now 57 ethanol refineries in the United States, and nearly 90 more are under construction or under construction. Ethanol production exceeded 1.3 billion gallons the year before, more than 2 billion gallons last year, and is expected to reach 50 gallons this year. The latest U.S. plan is to reach 30 billion gallons of ethanol within 10 years. These bioenergies will more than offset U.S. crude imports, partially offsetting the negative impact of high crude oil prices.

Once the U.S. plan is realized, the next step is for the U.S. to take full control of the world grain market, and a good era of making money on both the grain market and the crude oil market will come.

For a long time, the United States has used huge subsidies to develop its agriculture, taken advantage of its unique geographical advantages to produce countless grains, and also used its grain trade policy. Trade barriers have been dismantled, agriculture in other countries has gone bankrupt, and land has been converted to industrial land or other lucrative uses. Under the all-round suppression of the United States, the number of grain exporting countries has decreased year by year, and the amount of grain exported has dropped even more significantly. To this day, except for the United States. The only countries that export grain are Thailand, Australia, and a few other countries that are pitiful. Today, the United States occupies a decisive position, or even a monopoly position, in the world agricultural market, and the power to determine the quantity of grain exports and the price in the international market falls into the hands of the United States. According to statistics, the United States accounts for 30 percent of the world's soybean production, 36 percent of the world's corn production, and 12 percent of the world's wheat production.

China has been a net exporter of soybeans for nearly a decade. Since last year, soybeans produced by the United States on the basis of huge financial subsidies have entered the Chinese market, and this year, China's soybean imports have increased by 20 percent. Because there is no subsidy for soybean production in China, the result of this unfair competition is that the more soybeans Chinese farmers produce, the more they lose. As a result, soybean production in China is shrinking, and with it, soybean acreage in Longjiang province is slowly decreasing. Labor costs in China are very low, and soybean prices cannot compete with those in the United States, and the disadvantages will be even more obvious once China's labor costs rise.

There are also a few numbers that illustrate the inability of other countries to compete with the United States: due to the industrialization of agricultural land. The level of daily cereal production has fallen by 33 percent from its peak, and in South Korea by 31 percent. The daily grain output has dropped from 17 million tons in the past to 11 million tons now. The self-sufficiency rate of grain, including feed, has dropped from 77 percent to 37 percent at present, a drop of 40 percentage points. The year before last, South Korea's food self-sufficiency rate reached only 25 percent.

Will the United States be kind enough to provide low-cost subsidized food to other countries forever? Dream on! What do so many ethanol refineries in the United States use as raw materials? Grain! The corn used in the United States to produce ethanol last year is enough to feed 50 million people for an entire year, based on the global average food consumption level. The production of so much ethanol inevitably consumes a large amount of food, directly exacerbating the danger of the collapse of the already fragile world food supply system, and directly stimulating the surge in world food prices. Precisely because the United States is the world's largest exporter of agricultural products, it is mainly the United States that has benefited from the rise in food prices, while it has lost the most from the Gulf oil-producing countries that are not suitable for agricultural production. The U.S. gains in food will compensate for the losses in high-priced oil.

Those Gulf oil-producing countries only passed the dollar over, and most of it was taken away by the high-priced grain of the United States before it could be warmed up.

Speaking of which, I think the leaders know what this game of chess played by the United States is. ”

General Xu said: "What you said is reasonable, and the reason why the United States is not afraid of rising oil prices has been made clear." I'm talking about the basics, but I still don't know why the United States is in a hurry to develop bioenergy, and I don't know what kind of grand strategy the United States is undertaking, they can wait a few years for the price of oil to rise before they can produce bioenergy. Finally, how high do you expect oil prices to rise before they stop? I don't believe that the U.S. has not set a maximum warning line and allowed oil prices to rise. ”

"Yes, if it is normal, of course, it is to wait until the price of oil continues to rise, to $90 or even $100 before developing and producing bioenergy, their profits will be higher, and their control over the world will be stronger," Guo said.

However, the United States did not dare to take this risk, and they did not dare to expect crude oil to rise vigorously. There are two reasons for this, first, China now has a large oil field in Iraq, and the Pokhaz region that we own has not been explored on a large scale, so they don't know if there is still a large oil field there. In addition, we also have a large oil field in Iran, but it has not been exploited for the time being because manpower and material resources cannot cope with it, and the technical level is not high. Our Daqing, Shengli and other oil fields not only did not operate at full capacity, but even deliberately suppressed them, artificially reducing the amount of exploitation.

The second reason is that as we all know, the Soviet Union is a big crude oil country, and the amount of oil reserves they have is still an unknown number, and at present, the Soviet Union is in economic difficulties, and human resources are also tight, and there is no money to purchase drilling equipment, transportation equipment, and refining equipment, and the oil under the ground cannot be pumped out.

However, as soon as the price of crude oil continues to rise, even to $90 or $100 a barrel, both China and the Soviet Union will immediately pounce on them like sharks that smell blood, and will do everything they can to produce crude oil. At the very least, China will increase Iraq's oil production and speed up the development of Iranian oil fields. Wouldn't it be a fool not to earn money?

This is true of our China, and even more so of the Soviet Union, which is short of funds, they will make a strategic shift, they will concentrate funds to develop crude oil production, they will exchange underground black gold for real money as much as possible to purchase food and purchase daily necessities. In this way, the original intention of the United States to raise oil prices cannot be realized, but it has done hostile countries and helped competitors.

Therefore, Americans must strike a balance on oil prices, which cannot be too high or too low. If the price of oil is too low, they will lose too much money in the development and production of bioenergy, and those companies that develop bioenergy will go bankrupt and will not be willing to do it. However, if the price of oil is too high, too high, it will make China and the Soviet Union very profitable, contrary to their purpose.

It can be said that the current oil price base is close to an ideal value, and people outside us seem to be losing, but in fact, if the price of crude oil is high, it looks like the United States will suffer, which is not what we imagined.

We say that the United States is losing out on bioenergy at current oil prices because we are looking at those ethanol producers. According to some data, 150 gallons of ethanol require 1.8 tons of corn, which means that ethanol producers can only produce 3.79 liters of ethanol for 12 kilograms of corn to sell. At current market prices, there is almost no profit at all. Add sales, transportation and other expenses, it is a loss.

These manufacturers want the price of crude oil to rise, but if the price of crude oil rises, the price of food will also rise, even if the price of crude oil reaches or even exceeds their loss line, but because the rise in food will upset this balance, because the rise in food will cause the rise in ethanol. The price of crude oil and the price of food interact with each other, and perhaps only when crude oil rises to $150, or even $200, can ethanol production be profitable.

In this way, will it never be possible for companies that produce bioenergy to make money?

No! If we look at the United States as a whole, ethanol production is not at a loss. The process by which ethanol producers buy grain to produce ethanol is the process of shifting profits to agricultural producers. ”

(Thank you for the rewards of Mo Guyan, KEL, and Xia (⊙o⊙) Death, thank egk, and the frozen monthly pass of EGK, and thank you for your subscription support)