637 Big Pit

Alex hadn't been to the Elizabeth oil field and didn't know how Adan extracted oil, but it was certainly not like Ahvaz's chaotic vegetable market, where the oil wells of the major oil companies were crowded together to join in the fun.

Helplessly, Ahvaz is located inland, 150 kilometers from Port Elizabeth in the Persian Gulf, and more than 1,200 kilometers from the Mediterranean Sea.

The problem is that Port Elizabeth is now under the control of the Umbrella Company, and Ahvaz's oil wants to be loaded from Port Elizabeth, and it has to pay a high toll to the Umbrella Company, which directly doubles the cost of Ahvaz Oil and seriously affects the profits of major oil companies.

Of course, if the investment in building a port is huge, whether it is necessary to look at Ahvaz's oil reserves, in case half of Ahvaz's oil is dug up after the port is built, it will be more than worth the loss.

"Ahvaz's oil, if there is only one company, it will be enough for us to dig for a century, but if everyone rushes to the top now, Ahvaz's oil will be exhausted in ten years, and maybe it won't take ten years." Ted Ed, the chief expert of the Christian oil exploration company, is optimistic about the oil reserves of the Persian Gulf, with the discovery of large-scale oil fields in Baku north of the Persian Empire in the last century, and now the discovery of oil at the same time by Ahvaz and Elizabeth, all sources indicate that there may be a huge oil basin under the Persian Empire.

However, when it comes to the specific amount of reserves, the current technology cannot make an accurate judgment.

Nominally, Christian Petroleum Exploration Company and Adan Company are not under each other's ownership, but in fact Roque owns shares in Christian Petroleum Exploration Company, and Christian also owns shares in Adan Company, and the ownership of the shares is not clear under the premise of cross-shareholding, which is also to reduce the tax burden.

"Don't worry, give me some time and I'll drive all these oil companies out of the Persian Gulf." Donn has made all the oil along the Persian Gulf coast the wealth of the umbrella company, and no one else will be allowed to touch it.

"Then you have to hurry, London has set up more than a dozen new oil companies in recent months, and those people are looking for oil all over the world." Ted is more aware of the situation, and now there are only a few relatively large oil companies, and there are many unknown oil companies.

The current situation of Adan has become the best illustration of the prospects of the oil industry, two years ago Adan did not exist, but with the Elizabeth Field, Adan has become a leader in the oil industry in just two years, accumulating a lot of wealth, which has stimulated countless investors to wave the pound into the oil industry, hoping to replicate the myth of Adan Company.

As for the background of Adan Company, many investors don't care, most of them dare to invest in the oil industry have backgrounds, and they can also see the prospects of the oil industry, so they will work hard.

The development of the oil industry has also gone through several stages, almost every ten years the price will double, since the beginning of the new century, with the emergence of the internal combustion engine, the world's demand for oil has increased significantly, gasoline that has been poured into the river has become the darling of the market, traditional petroleum refining technology can only separate no more than 20 percent of gasoline from crude oil, the refinery in Port Elizabeth used the latest "thermal cracking" technology, successfully increased the proportion of gasoline from less than 20 percent directly to about 45 percent.

"They don't have a chance-" Don doesn't care, the prospects of the oil industry are indeed good, but the development of the industry will not always be linear upward, and the price of crude oil will fluctuate up and down with the market, and these current investors will soon feel the cruelty of the oil industry.

There is an undeniable fact that the world's dependence on oil is not serious now, the United States in the seventies of the nineteenth century experienced a collapse in oil prices, when with the increase in oil production in the United States, the production of kerosene soon soared, and eventually the price of oversupply plummeted, countless investors suffered heavy losses, and Standard Oil also completed its monopoly on the market because of this.

The situation is very similar to that of the seventies of the nineteenth century, with the advent of the internal combustion engine, the demand for gasoline is growing, but as the production of oil continues to increase, soon the market will be oversupplied, and then a large number of oil companies will disappear silently.

The main reason why there will be an oversupply soon is that the strategic reserves in southern Africa are about to be completed, and when the time comes, the umbrella companies will loosen control and sell a large number of them, and the output of the Elizabeth field is almost half of the oil production of Romania, plus the United States and Russia, and now those oil companies in Ahvaz, it would be good to have half of them left in two years.

That's how Roque explained it to Ade.

"Southern Africa has the best cars in the world, and now the production of cars is increasing, and the price of gasoline has become an important factor in the popularization of cars, what we need to do now is to reduce the price of gasoline and promote the popularization of cars, which will indeed affect the profits of some enterprises, but it is definitely a great stimulus for the development of the automotive industry." Roque would love to experience the thrill of manipulating the price of oil, and now that the oil industry is too chaotic to need a major reshuffle, this is also the consensus of Umbrella, Royal Shell, Standard Oil, and Stiva, which was bought by Deutsche Bank.

Royal Shell and Standard Oil, plus Stiva, each account for 20 percent of Romania's oil production.

"If you lower the price, it will hurt the interests of Adan Company-" Ade does not know much about Adan Company's costs, compared with Romanian oil fields, Adan Company's biggest advantage is cost.

Unlike those oil wells in Romania that need to be dug manually, most of the Elizabeth oilfields are self-blowout wells, and the oil will be spewed out by itself when drilled in the ground, and the daily production of a well is more than the traditional way, so Adan has a huge cost advantage, even if the current price is reduced by half, Adan still has a profit, while other oil companies, including Royal Shell and Standard Oil, are afraid to lose their bottoms.

As for Styva, this company was not in the plan, and after the outbreak of the world war, the Styva company would be divided.

"There will be a part, but it doesn't matter, and it's good for us as a whole." Roqueben is worried that the loss of the embankment will be made up for the loss of the embankment, and the loss of Adan Company can be made up for by the automobile industry, and Nyasaland used to only produce high-end models, but now it has also begun to produce various low-end models, and the price is still advantageous.

This is also no way, when Nyasaland just began to produce cycling, the United States Ford has not yet been established, now Ford has withdrawn from the Model T, the assembly line is also being designed, next year and other Blue Park factory is completed, Ford's output can reach up to one every ten seconds, Roque wants to popularize the car, the first thing to face is Ford's competition.

Ford launched the Model T in 1908, established its first overseas sales organization in Paris, France, and built its first factory outside North America in Rochester, England in 11 years.

Unlike the Ford plant, the Nyasaland Automobile Plant has been implementing assembly line production for a long time, but due to the constraints of conditions, the production of Nyasaland cars is not high, and there is a big gap with Ford Cars.

The main reason for the gap is the number of workers and the size of the market, the population of the United States is now close to 100 million, and the number of Africans in southern Africa is still less than 10 million.

The same gap is also reflected in the price, the price of the Ford Model T was only 850 US dollars when it was first launched, which is less than 200 when converted into pounds, and the maximum price of the Baron car ordered in Nyasaland is more than 10,000 yuan, which also forced Roque to launch a civilian model.

Nyasaland Motor Group's latest civilian model is priced at just £150, and even at that price, Nyasaland Motor Group is still making huge profits.

The biggest difference between southern Africa and the United States is that the United States abolished slavery, although southern Africa also abolished slavery in name, but the rights of Africans in southern Africa cannot be guaranteed, a white worker or a Chinese worker has an annual salary of about 100 rand, and a worker of African descent only 20 rand a year.

The average salary offered by Ford to employees is about five dollars, which is a daily wage, which is about 400 pounds when converted into an adult salary, and the price of the Ford Model T will further drop to about $300 in the future, and Ford workers only need to work for four months to buy a Model T.

Roque hopes that the popularity of cars in southern Africa will also be to this extent in the future, which will be a great boost to the economy of southern Africa and the whole country will benefit from it.

"If you decide, do it, and I'll explain it over there." Ade gives Roque full autonomy, and Roque wants to reduce the price of oil, which will definitely have an impact on Royal Shell, and Royal Shell knows by looking at the name that it has an inextricable relationship with the British royal family, and this relationship needs to be balanced by Ader.

This is also the reason why Adan is willing to take the blame for Roque, Adan Company is registered in the Adan Islands, which is not yet a territory in southern Africa, so the income of Adan Company has nothing to do with the Federal Government of Southern Africa.

However, the export of Nyasaland cars to Europe has a lot to do with the federal government of Southern Africa, and taxes are always paid.