The journey starts from the Titanic

According to the report of the Laput Geological Institute and Mr. Laput, there is a sea of ​​oil below the Long Beach and the continental shelf extending along the Long Beach to the ocean!"

Situ Nan solemnly said to Hengda Brown.

"The sea is under the sea..." Hengda Brown looked at Situ Nan suspiciously, and then at the busy Long Beach Port in front of him. Except for the ships coming in and out, it was a piece of sea water.

Chevron Petroleum’s refinery is close to the sea, and a 1,000-kilometer-long wharf has been established at the Port of Long Beach to supply Chevron Petroleum’s tankers to dock and load crude oil and refined products. A dozen huge storages have been built on the wharf. Oil tanks, which store hundreds of thousands of tons of crude oil and refined oil, are also California's oil storage base.

(Once it explodes, it must be the US version of the Tianjin Port explosion in Long Beach.)

Behind the oil terminal is an oil refinery, and a little further inland is the giant chemical company's chemical plant, including a dozen chemical plants such as a fertilizer plant, an ammonia plant, a pesticide plant, an explosive plant, and a synthetic medicine plant.

It can be said that with Chevron Petroleum Giant Chemical as the core, the Petrochemical Alliance, formed by the California Steel Company of Cummins Electric Company, aircraft and automobile related industrial sectors, is the largest investor, owner and user of the Port of Long Beach. Basically, it can It represents the industry in the Los Angeles area of ​​Los Angeles.

Abundant oil resources are the foundation of all this and the foundation of Chevron Oil’s rise. On the way to becoming one of the Seven Sisters of Oil, Chevron Oil has already exploited all the oil fields it reserves in California, and it will be in the next ten years. Chevron Petroleum was the most prosperous period of oil exploration.

But what should I do after all the crude oil reserves in my hands are mined?

Chapter 191 The William System Dominates the Energy Market

"When the Long Beach to Los Angeles pipeline was built, the 30 or 40 highways were relatively easy to build, and the investment was not large. It gave us a lot of confidence. This is one of the reasons why we later invested in the oil pipeline from Los Angeles to San Francisco.

However, the Los Angeles-San Francisco oil pipeline is not so optimistic. Not to mention the drag on the progress of the project, it also seriously overruns the liquidity of Chevron Oil.

We had to borrow from Wells Fargo Bank and carry nearly 50 million U.S. dollars in debt to build this pipeline."

Henda Brown breathed a sigh of relief. The pressure on the twists and turns can only be clear to the person concerned, but fortunately everything is over.

"When did our Chevron Oil Company owe the bank money? We used to have more money than the bank."

Henda Brown joked again.

Situ Nan also smiled. He has not been here for a few years. The old man has done a lot of things and endured a lot of pressure. It is not easy!

"It's worth it too, isn't it?"

Situ South Road.

"Of course. Now not only does Mobil Oil Company realize that it cannot compete with us on the West Coast, but the small and medium oil companies along the pipeline have to look at our faces. We not only control the crude oil market along the pipeline, but also the commodity oil market. Everyone has to use it. Our pipeline."

Hengda Brown self-confident, drew a imaginary vertical line in the air with his finger, representing the oil pipelines in the north and south of California, and then turned his finger and drew a circle to enclose the oil market in California and the West Coast!

After the oil pipeline was completed, Chevron Oil Company built a natural gas pipeline along the oil pipeline to send unattended natural gas to the city for dyes. The natural gas pipeline from Long Beach to Los Angeles was the first to be built. Natural gas has been used in Los Angeles homes. .

Of course, compared with fuel oil, the use of natural gas is relatively single. Except for urban household use, the main customers are Pacific Watt Electric Company and California Steel Company!

Industrial giants such as Giant Chemical Company are also major customers of natural gas. It is believed that with the advancement of petrochemical technology, Giant Chemical Company will soon surpass California Steel Company to become Chevron Oil Company's second largest natural gas customer.

Of course, the number one customer is the power plant!

Pacific Watt occupies more than 80% of the electricity market in California, with an annual installed capacity of 20,000 megawatts and a power generation of 100 million kWh. It is the first in the United States, accounting for one-tenth of the country’s power generation, and its annual sales revenue is over US$100 million. It is estimated that only state monopoly power giants like the Tennessee Rivers Authority can surpass it.

The coal shipped from Nevada, Canada can no longer meet the energy demand of power plants, so more efficient natural gas and heavy oil are becoming more and more important in Pacific Watt.

And put forward a request to Cummins Electric Company to study a more powerful gas turbine.

Situ Nan was infected by Hengda Brown's self-confidence and was very happy. This is not only the success of Chevron Oil Company, but also the success of the Western or William Consortium.

Reflected directly in the stock market, Chevron Petroleum's stock price has soared, with a market value of over US$1.5 billion!Second only to Exxon Petroleum, it ranks second in the U.S. petroleum industry, and Mobil Oil has a slightly lower market value, ranking third.

Because Occidental Petroleum did not go public, but relying on Occidental Petroleum’s construction of nearly 2 kilometers of pipelines at its headquarters to transport oil from Texas to the Great Lakes region, and the oil network built in major cities on the east coast, Wall Street estimated that Occidental Petroleum Once the company goes public, it may surpass Chevron and challenge Exxon.

It can be seen how important the pipeline network is to energy companies!

Once completed, it is equivalent to opening a banknote printing machine, and all companies participating in the project can benefit from it.

Needless to say, the benefits of Wells Fargo, the core bank, are the direct beneficiaries of Halliburton Oilfield Management Company, California Steel Company Cummins Electric Company, which is involved in the pipeline construction plan.

California Steel received orders for pipe steel, updated equipment and improved technology, and became the world's best manufacturer of oil pipelines and pipes. The pipes produced were not only supplied to brother oil companies, but also sold to Mobil Oil Company Shell Oil Company and other oil companies. Giants also include exports to South China, the Soviet Union and other oil-producing countries.

California Steel Corporation is also a natural gas user. It uses cheap natural gas to generate electricity and make steel, which greatly reduces costs and improves technology. In retrospect, it continues to research better alloy steels to satisfy Cummins Electric, Chevron, Halliburton, etc. Giants’ desire for new materials.

The oil pipeline has exerted great economic benefits, allowing more oil companies to join in. Halliburton Oilfield Management Company, as the main project contractor and builder, is connected to the project asking prices of oil giants such as Mobil and Shell.

Situ Nan secretly joked that Halliburton is like Foxconn in the petroleum engineering industry. Because of the investment by Rockefeller Mellon and other consortiums, this company is very mixed and can work everywhere.

In terms of technical content, they are almost Zenith Stars. From traditional cementing technology, to advanced drill bit oil extraction equipment manufacturing, to fashionable pipeline transportation technology, this company has been leading the trend of oil extraction and transportation technology!

The technical research of offshore drilling also requires Halliburton to provide technical support. After all, this is an oilfield solution company with strong technical force and annual revenue of more than 100 million US dollars.

Of course, it should be Chevron Petroleum Company to dominate, lest Rockefeller and others obtain Chevron Petroleum Company secrets from Halliburton.

"It feels like climbing the technology tree, layer by layer, ring by ring, cooperating and promoting each other. In Moody's Fitch's credit assessment, almost all of the companies under our consortium are at the aaa level! Those guys in the east How jealous are you?"

Situ Nan smiled triumphantly.

This is another important factor why Chevron Oil Company can easily obtain loans from the bank for the construction of pipeline projects.

Situ Nan is very aware of the development process and potential of California and the West Coast, so he has spared no effort in investing in the three major areas of petroleum energy aircraft manufacturing electronic technology. After petroleum, another strategic resource is also in his investment plan and is ready to be established in Long Beach. A large aluminum smelter!

Aluminum smelting is a high-energy-consuming industry and requires a lot of electricity. However, Long Beach has abundant and cheap natural gas, Pacific Watts, the largest power generation company in the United States, and Cummins Electric, the most advanced power generation technology provider, which can provide sufficient energy.

In addition, there are good traffic conditions. Bauxite can be transported through railways inland, Nevada and other places, or imported from Canada and South America, or even from South China to Southwest China.

Both Cummins Electric and California Steel (part of Bethlehem) have reserves in aluminum alloy technology. Cummins-Lincoln Aircraft Company is the largest aircraft manufacturer in the United States. It can be said that the upstream and downstream industrial chains in the aluminum alloy market have been opened up by Stuart. .

What he has to do is to concentrate all relevant resources in California and lock in the material supply market for American aircraft manufacturing in advance.

Henda Brown didn’t care about Situ Nan’s aluminum smelting plan, and knew that the plan was very successful. He laughed and teased Situ Nan: “Alcoa certainly doesn’t want to see a competitor in the west, especially the company’s major shareholder. One of you, has become a traitor to Alcoa!"

How can this be less than Alcoa?

Situ Nan smiled: "Andy is also optimistic about this plan. He has already taken a fancy to California's aviation market! California's electrical and mechanical manufacturing industry is also developing very fast, and the market has a large demand for aluminum. Alcoa is early I can't wait to invest in it!"

South China's aluminum smelting industry is developing very fast, and there are still major deficiencies in aluminum alloy technology. However, exporting aluminum ingots allows them to gain a lot of market. Europe, the United States and Japan are their export markets.

"Okay! I don't care about your aircraft plan. What I want to tell you is that Chevron Petroleum's layout on the West Coast has been completed, and the expansion has reached its limit. The next step is to develop abroad.

Under the wise guidance of Mr. William, we had to sell our business in China, and the development of the petroleum business in Southeast Asia also stopped. We gave the opportunity to the US-China Petroleum Corporation and lost the Asian market, which is really regrettable."

Hengda Brown complained, looking at Situ Nan dissatisfied.

The Asian market does not account for much of Chevron Oil, but it is a fast-growing market!It's a pity to think about it.

Fortunately, in recent years, Chevron Petroleum has developed well in the country. It should be said that it is very good. The investment in Venezuela has also reported generously. There is ample supply of crude oil. Chevron Petroleum is considered to be a relatively dazzling presence among the seven oil sisters.

"The situation in Asia is very complicated. Too many multinational companies are gathering there, and Chinese local oil companies have grown up, and the competition is getting more and more fierce. Isn't it better to withdraw from there and focus on the broader market?"

Situ Nan explained.