Chapter 330 Oil Futures

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In order to speed up the research of the Golden Tiger and Golden Scale as much as possible, Jin San still gave them a lot of material support. Pen, fun, pavilion www. biquge。 info

The golden carp, the golden blood eel, the mutant shrimp, the iron-footed golden centipede, the three-tailed scorpion, the big spider, the white snake, the toad demon, and even the bloodthirsty vine and the dian cypress are all the subjects of study of the two brothers.

Golden Tiger is now focusing on biological evolution, while Golden Scale is researching biological control, and the two of them are actually two completely independent research institutions.

Jin Liang now has a lot of subordinates, he mainly studies plant brains, and the things involved in this research are also extremely complex, and this knowledge, whether it is in security guards, or attacks, has a great effect, so Jin San can't give up.

In this way, the four laboratories headed by Jin Hu, Jin Scale, Jin Lan, and Tie Yu'er each have their own tasks, all of which consume a lot of resources.

An oil futures operated by Hou Peng a few years ago has ended, but this time, he returned more than 3 billion yuan to Jin Sanjuan, and the funds he participated in were not small, enough to be 3 billion, which can be said to have doubled the funds he participated in.

It can also be seen from here that the capital market is not something that anyone can play, if Jin San didn't accurately grasp the pulse of those capital predators, even if he had this bit of meat and bones, he wouldn't be able to catch it.

Abroad, since Christmas, the capital market has not been calm, which has brought a trace of unusual changes to the capital market recession in recent years.

When Jin San was nominated for the Nobel Prize because of the diesel tree, most of the bearish oil futures abroad continued to grow, which made most retail investors get caught up and lose a large amount of margin.

Just when most people were cutting their flesh and leaving the market, the international oil futures situation was changing, and large-scale reports on diesel trees were in full swing, which made Jin San, who was hiding in a mountain, famous all over the world.

A direct consequence of this. It was the strong decline in oil futures, and Hou Peng and they seized this big market and shorted oil futures in large quantities.

They invested 3 billion yuan in shorting, and they used 20 times the leverage, so that they held 60 billion yuan in oil shorts, which is equivalent to almost 10 billion US dollars.

With so much money, they fluttered around the capital market, but they only brought back less than half a billion dollars. The profitability is less than five percent.

This is still the huge sea in charge of this operation, seeing that the risk of oil futures is too great, they decisively entered the market and withdrew, and they immediately withdrew when oil futures had just reached a low level of profitability.

Sure enough, now the market itself is sluggish because of the economic crisis, at this time, many forces do not want to see the collapse of oil futures, so although oil futures fell quickly, they rose faster.

Just as Hou Zhong and the others were leaving. The oil futures market reversed again, from the beginning of the bearish. The turn is positive.

Another round of Diesel Tree propaganda began outside, which was previously to publicize Jin San's exploits, the merits of the Diesel Tree and the significance of its appearance, but later the reports were more detailed.

A weakness of the diesel tree, which is not considered a weakness, was observed under a microscope by some people with ulterior motives and was exposed without reservation.

Diesel trees cannot produce diesel out of thin air. Rather, it requires energy conversion.

That is, if you have time, etc., in principle. Diesel trees that grow in natural conditions can produce an unlimited amount of diesel fuel for you.

Under natural conditions, each diesel tree can produce up to 500 kilograms of diesel per month, which is already remarkable.

Due to the huge root system of diesel trees, the territory covered by each diesel tree must be 100 meters away, which also limits the possibility of diesel trees winning by numbers.

Although 500 kilograms of diesel is produced a lot per month, such a speed cannot be compared with oil wells with a daily output of 10,000 tons, even with oil wells with a daily output of 1,000 tons.

A thousand tons is a million kilograms, and a diesel tree can only produce 20 kilograms of diesel per day under natural conditions.

In this way, a 1,000-ton oil well can top the output of 50,000 diesel trees, and 50,000 diesel trees, how much area does it need to plant?

Now the world's mainstream media, with the same caliber, are all reporting on the limitations of the diesel tree, the weaknesses of the diesel tree, and the shortcomings of the diesel tree.

Anyway, it is a meaning, the original crude oil production area is still very important, and the diesel tree cannot replace the oil well, but is more inseparable from the oil well, and more dependent on the oil well.

Originally, after the emergence of the diesel tree, the crude oil resources depreciated very much, but the next reports made the crude oil resources of major oil-producing countries quickly recover their original value, and even suddenly increased some of them.

Of course, there is a reason for this.

With the advent of the diesel tree, people at first thought that it could replace underground oil wells.

However, a later study found that the diesel tree was too slow to produce diesel.

When I studied it again, with the diesel tree, some abandoned oil wells have the value of reuse.

Therefore, internationally, whether it is an oil well in production or an abandoned oil field, a new round of appreciation has begun.

That's what the world's major media outlets don't report about at work.

Although the diesel tree researched by Jin San has the indispensable restrictions of plants, the restrictions are not so great.

If you provide enough fertilizer for the diesel trees, the output value of the diesel trees can increase a lot.

If you put the diesel tree on top of some abandoned oil wells, with the characteristics of the diesel tree made by Jinsan, it can completely convert all the crude oil in the ground, even asphalt and oil sands, into diesel and extract it.

In this way, a diesel tree is equivalent to an automatic pumping unit.

Therefore, this is still inseparable from the support of underground crude oil, as long as there is oil in the ground, the diesel tree can convert a large amount of crude oil or substances containing crude oil.

So the major oil companies that saw this are now working hard to re-occupy oil resources around the world.

However, this time it is occupied by the original oil fields that have been exhausted and have been abandoned.

The so-called waste oil wells are not completely abandoned oil wells, but oil wells with a daily production of less than 2 tons, or the production is very unstable.

From the oil company's point of view, these wells have lost the need to reinvest, and if they continue to exploit, they will probably not even be able to recoup their electricity bills, so they will be abandoned.

The large-scale exploitation and application of oil and gas has been a matter of nearly 100 years.

The United States and Russia began their own modern oil and gas extraction industries in the 50s of the 19th century, and other countries were a little later.

The development of oil exploitation technology can be roughly divided into three stages, the initial stage from the end of the 19th century to the 30s of the 20th century, with the emergence of the internal combustion engine, the oil put forward urgent requirements.

The main technical sign at this stage is to use natural energy to exploit, the average oil recovery rate is only 15~20%, the drilling depth is not large, and the means of observing the reservoir are only simple thermometers, pressure gauges, etc.

In the second stage, from the end of the 30s to the end of the 50s, marked by the establishment of a theoretical system for oilfield development, the exploitation technology was improved, so that the final recovery rate of oil increased from 15~20% in the 30s to more than 30%, and the highest was to 35%.

The third stage began in the 60s, marked by the widespread use of electronic computers and modern science and technology in the development of oil and gas fields, and the development technology developed rapidly.

Major oil companies have invented a large number of new technologies to enhance oil recovery, so that many abandoned oil wells that had no economic value in the past can be put into development, greatly increasing the utilization of natural resources.

The oil recovery rate can reach more than 60%, and the highest is 90%, and the remaining oil is too expensive to extract, so the oil wells have to be abandoned.

From some information obtained by the Jin family, it is found that the diesel tree cultivated by it has an extremely developed root system and can penetrate thousands of meters underground, so such a diesel tree can absorb more crude oil.

In such an area where crude oil is abundant, diesel trees can be planted intensively, and it is almost cost-free to use this method to extract oil.

Judging from the exploration technology of countries around the world, exploration mistakes have occurred repeatedly.

In this case, a waste oil well with a daily output of 7 barrels of oil may become a high-production oil well with a daily output of 300 barrels if it is drilled 10 meters deeper.

However, if you make the wrong choice, the waste oil wells that you have spent a lot of money on may become depleted at any time, so that you can't even earn back your electricity bills......

But diesel trees do not have this problem, such a small oil well, as long as a large number of diesel trees are planted around, no matter how much diesel is still in the ground, it can absorb and convert, all the substances containing crude oil to convert, all into diesel, pumped out of the ground.

Such characteristics have made many abandoned oil fields quietly appreciate, and the original place that no one cared about, now you just want to buy, and you can't buy it.

Jin San has released the diesel tree for a long time, and the performance of the diesel tree should be known, and those who have a heart have long understood it clearly.

As for the situation of underground crude oil, everyone knows what it is, and some scattered oil reservoirs are not connected to each other, as if they are deliberately hiding, and no matter how powerful the exploration team is, they cannot explore all of them.

In fact, even if it is exploited for another 20 or 50 years, there will still be small undiscovered oil reservoirs in some oil fields, and one day, when the oil company's large oil reservoirs are developed and equipment and personnel are withdrawn, these small oil reservoirs will still remain there, which is equivalent to a permanent waste.

Because by this time, the cost of re-establishing the environment for the development of the field will be far greater than the value of the small reservoir.

The search for these small oil fields still needs to be explored, but now it is different, there is no need to invest a huge cost in exploration, as long as the entire oil field is planted with diesel trees, you can recover oil again, such a good thing, but it is unique.