The journey starts from the Titanic

"In the future, we will strengthen the ties with Texaco Oil. We must not let Rockefeller succeed again. I would rather cheap Chicago people than allow Rockefeller to get Texas oil so easily." Situ Nan warned.

After the First World War, Texas became the fathom of the major consortia in the east. Not only the Rockefeller consortium, but the Chicago consortium also favored Texaco. If it hadn’t been for the rapid development of Occidental Petroleum, it might have become a coveted object.Even the Morgan consortium acquired a large sulfur company in Houston and also engaged in oil-related businesses.

Fortunately for Situ Nan, the East Texas Oilfield has not been discovered, and it has been in the hands of Occidental Petroleum. No one knows this secret except for a few shareholders.

"I wonder if those guys will regret it?" Hengda smiled mysteriously.

"I don't regret it later, but this is a good thing! Didn't those shareholders transfer their shares to Chevron Petroleum just fulfill our wish?"

Situ Nan smiled tacitly.

After all these years of continuous purchase of land in East Texas, he has bought the land around the East Texas Oilfield. The small logging factory at the beginning has also become the largest timber producer in Texas.

This is a defensive measure. Even if other oil companies "secretly mine" next to the East Texas oil field in the future, they will not get a drop of oil!

And the thousands of residents living on that vast piece of land, even if they sell their land to other oil companies, those oil companies rushing to find that the surrounding land belongs to Occidental Petroleum, except for selling oil to Occidental Petroleum Corporation can't even want to transport a drop of oil, because Occidental Petroleum Corporation will never allow other oil companies to erect pipelines on their own land....

The spin-off of Occidental Petroleum has not only made adjustments in personnel matters, but more importantly, the division and transfer of shareholder assets.

Situ Nan has stated on many occasions that he does not intend to list Occidental Petroleum in the short term, but has delegated the task of planning the listing of Chevron Petroleum to Robes Securities, which just satisfies those shareholders who want to collect money, including The original shareholders of Chevron Oil.

"Mr. William, I want to transfer all of my shares to Chevron Petroleum." This is the request made by Guadas to Stuart before taking office.

"Are you willing?" Situ Nan reminded.Giving up Occidental Petroleum’s shares means giving up the interest in the future development of the East Texas Super Oil Field.

"Yes. I believe in my own ability, and Chevron's potential is not bad at all." Guadas said firmly.

"Okay!" Situ Nan nodded and agreed, thinking that he would find an opportunity to compensate Gadas in the future.

During the spin-off of Occidental Petroleum, the shareholders reached an agreement that Occidental Petroleum shareholders could hold the shares of the two oil companies at the same time in proportion, or they could concentrate the shares in any one.

Gudas exchanged Occidental Petroleum's shares for Chevron Petroleum's shares, and the shares will increase a lot, which will help strengthen his influence in Chevron Petroleum.

Except for him, the other founders who knew that Occidental Petroleum secretly controlled the East Texas Oil Field kept Occidental Petroleum's shares, but others chose Chevron Petroleum's shares more and gave up Occidental Petroleum.

Including the representative of the Rockefeller family, and the Mellon family, and equity participation companies such as Bethlehem and Wells Fargo Bank, which value more capital, also chose Chevron Oil.

After a round of reorganization, Situ Nan’s personal shares in Chevron Oil Company have dropped to 5%, but he also controlled Chevron Oil Company in a roundabout way through Occidental Petroleum, William Financial Holdings, Robles, etc. More than 25% of the shares are still the de facto largest shareholder of Chevron Oil.

The remaining approximately 30% of Chevron’s shares were divided by Mellon, Rockefeller, Gadas, Sinclair and other families, and 10% was distributed to hundreds of early investors in Texas and California, and the remaining 30% It is gradually dispersed to the financial markets of New York.

Contrary to Gadas, the shareholders of Occidental Petroleum such as Henda and Bot only hold a small amount of shares in Chevron Petroleum, and retain more of Occidental Petroleum's shares, so the share of Occidental Petroleum's shareholding has increased slightly.

At this point, they and Situ Nan stood up tightly.

Occidental Petroleum is still controlled by Situ Nan, who personally directly and indirectly controls 60% of Occidental Petroleum.

Through the spin-off of Occidental Petroleum, Situ Nan subtly reduced Mellon and Rockefeller's shares in Occidental Petroleum.

At Christmas, Situ Nan did not break his promise and took his family to Washington to visit Andrew.

Their arrival made the lonely Andrew feel gratified, especially the pair of sons and daughters of Situ Nan that Andrew liked very much.

Little Andy rushed into Andrew's arms as soon as they met, and giggled while clutching Andrew's gray beard. The kid had been intimate with his grandfather since he was a child.

"My baby! I finally looked forward to you. Do you miss me?" Andrew kindly stroked little Andy's face and couldn't help kissing.

Children start to be naughty when they grow up, especially after they learn to run, they can't catch them even if they want to.

Situ Nan prefers her innocent and pink daughter Alice, holding her in the snow and spinning constantly.

In general, 1923 passed so stimulating and compactly, and it was also a year of fruitful harvest.

It is not only the re-starting Occidental Petroleum Company, but also the thriving South China, which is thousands of miles away. Situ Nan felt that the unexpected achievements had been made in the past ten years, and the taste of it can only be experienced by a person.

Once the stalls are laid down, the future needs more effort.

For several days in a row, Situ Nan had time to fight with the children in the snow.

When he was alone in the United States in his previous life, he didn't have a deep understanding of Christmas, and it is still the case now, but it has gradually become an important holiday for maintaining family relationships.

The streets of Washington are full of joy and harmony. It is estimated that the east coast to the west coast, the other side of the ocean, and the whole world are all jubilant. After all, this world is still a Western world, and Situ Nan stands in the center, looking forward and backward, carefully savoring the uniqueness. Feelings.

"What a wonderful moment!" Andrew had a few drinks, his face flushed, and his interest was a little high.For a man who has been lonely all year round, when he is old, what can make him more happy than his children and grandchildren around his knees?

"Yes. A Coolidge prosperity is about to come to the people, this is the best time for Americans!" Situ Nan nodded.Bring the topic to work as soon as you speak.

"Are you optimistic about him? The current public opinion is not so good for the White House. The president has done almost nothing." Andrew laughed.

"Americans need a president like this. As long as they live a rich life, have a job, have bread and milk, what else can they be dissatisfied with? Perhaps the silent Coolidge is better than Harding, who is everywhere!" Situ Nan said.

Andrew nodded, with a smile on his lips.To be honest, the President does not "do things", and he, the Minister of Finance, is not idle."A new tax law is already in the making. Tariffs will increase a bit, business taxes will drop, high personal income taxes will be reduced to 30%, and with luck it may be reduced to 20%."

Mellon smiled faintly.

"Very good! There will definitely be countless millionaires in the future!"

Situ Nan said excitedly. Although he expected this, he couldn't help being happy when he heard the news.

I thought: The sky and the place are good for people and there are many convenient conditions. The United States will not be able to prosper without it.

The economic development of the United States is also very important to South China. South China can exchange oil and rubber trade for the technical equipment needed for industrialization, just like using Japanese raw silk and textile profits to grow large industrial giants such as Mitsubishi Mitsui.

Andrew was a little worried about Occidental Petroleum's nearly radical investment plan, but more excited, and saw huge benefits from it.

"A central aorta plan is not enough. At the same time, the Circum-Atlantic Plan is also starting. Will the pressure be too great?" Andrew asked.

"It doesn't matter. The money will not be invested all at once, it will be step by step, and it seems that it will occupy a lot of funds, but it is not.

Chapter 184 Hoover with Like-minded Interests and Highway Construction Code

Occidental Petroleum will first integrate the resources of Sinclair Petroleum Company. First, connect the pipeline from Oklahoma to Houston. When the pipeline is extracted from the central part, it will be turned into cash in a short time, and then it will gradually move along the oil field, The gas field is advancing northward.Without further progress, our investment will have immediate results.

The financial pressure in the early stage may be greater, but it is all under my control."

Situ Nan believed himself.

As for the Circum-Atlantic Plan, the difficulties will not be great. In fact, Occidental Petroleum already has routes, oil ports, and tankers. In fact, sales networks have been established in Eastern Continents such as New York and Pennsylvania, but the scale is relatively small. There will be no problems with the plan to go on step by step.

Unless the U.S. economy fails and the auto industry regresses, Occidental Petroleum can completely rely on the proceeds of oil sales to complete its expansion.

"Perhaps Gulf Oil can also participate. This is good for both parties." Andrew proposed seeing Situ Nan's confidence.

"Yeah." Situ Nan thought for a moment and nodded. If it gets financial support from Bank of Mellon, Occidental Petroleum will develop faster.In particular, Andrew, as the Secretary of the Treasury of the United States, can reduce political pressure.

This is not the first cooperation with the Mellon family, and Situ Nan is not worried that the Mellon family will bardo herself in the cooperation.

If Situ Nan remembers correctly, the Gulf Oil Company was finally acquired by Chevron after World War II.If you work hard, it is estimated that Chevron Oil will need to wait until after World War II to merge with Gulf Oil in the future.