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The New York Times and the Los Angeles Times have created a campaign for Chevron, portraying it as a promising oil company, and the flattering words in the newspapers have made countless investors tickle and look forward to Chevron's listing.

The public's attention was attracted by Chevron Oil, and Occidental Petroleum quietly completed the merger and acquisition of Sinclair Oil, while carrying out a huge construction plan in the central region, including the construction of 6 refineries, 3 natural gas plants, 4,000 gas stations and 10,000 kilometers of oil (gas) pipelines in Kansas, Indiana, Louisiana, and other central and southern regions of the United States, connecting Texas and other oil states with Illinois in the Great Lakes region. Detroit-made cars get oil from as far away as Houston as they drive out of the factory.

"It's a major artery of the Big Five Industrial Zones and the Gulf Energy Zone, as important as the Mississippi River in the last century, and by mastering this artery, we get the energy market for the Great Lakes Industrial Zone, so it's worth the extra money."

For this reason, Situ Nan made a decisive determination.

"Oh my God, that's crazy!" When Sinclair heard this plan, he was amazed and stunned by Situ Nan's generosity, and some understood why Western Petroleum was so concerned about Sinclair Petroleum Company.

Sinclair Petroleum had a ready-made stretch of pipeline that would have to be extended to the north and south, to the rich and prosperous Great Lakes region to the north and the energy-rich Gulf of Mexico to the south, without much hassle in between.

"We're going to have to spend $80 million just to build this pipeline, and there's no doubt that it's a pipe made of gold! Along the way, you will pass through countless hundreds of oil fields, hundreds of cities (towns), countless golden liquids flow through them, and almost everyone cannot do without it. ”

Handar was drunk, he had been planning this for years, and now he was finally about to start carrying out this great plan, and he thought about it. I can't help but feel surging.

That's a $205 million deal! It's not just a pipeline, it's a network that covers more than 10 continents along the way.

Along this network, Occidental Petroleum refineries, chemical and gas stations are nodes. With the passage of time, there are more and more nodes, and the network is getting bigger and bigger, and countless people have also benefited from it.

Sinclair regretted not being able to participate in the oil artery project, and what shocked him even more was that in addition to implementing the major artery project in the middle. At the same time, Occidental Petroleum is also implementing another equally ambitious "Rim of the Atlantic" plan, investing $300 million to build 20 refineries or petrochemical plants in major cities along the Atlantic coast, including 12 in the United States and eight in Europe.

From Florida, Virginia, Pennsylvania, New York, and Massachusetts in the United States to London, Liverpool, Paris, Frankfurt, and Rotterdam on the other side of the ocean, there will be more than 100 large and small oil ports and oil storage terminals along the coast, and the connection to these terminals and ports will be the Occidental Petroleum shipping company with a capacity of 500,000 tons of oil transportation capacity that Occidental Petroleum is building.

"It's a crazy plan, radical and with no way back!"

Robles commented.

"Engaging in such a heavy adventure is not quite in line with Wells Fargo's style. But we can clearly see the huge payoffs. For the sake of high profits, it is worth the risk. ”

Dennis, the president of Wells Fargo, was stimulated by this and excitedly joined the two terrifying grand plans of Occidental Petroleum's "Central Artery" and "Atlantic Rim" all the way.

After consultation. At Situan's insistence, Robles & Wells Fargo would provide at least $200 million in loans, and the $150 million that Occidental Petroleum could raise on its own, plus the benefits from Chevron's listing, would essentially guarantee the implementation of these two major expansion plans.

"You're a madman! I like it though. Handar looked at Situ Nan with a calm and confident expression, and his excitement calmed down slightly.

"For madness!"

Situ Nan raised his glass.

"For madness!"

"For madness!" ??????

After taking care of Chevron, the strategic plan for Occidental Petroleum was the main thing, and the presidents of the major companies of the William consortium gathered at William Manor, and they were more or less involved in Occidental Petroleum's plan.

Bethlehem is one of the most important players in this and has a significant responsibility.

For example, high-specification oil pipelines. Tens of thousands of tons of oil tankers, large power equipment, etc., all need to be provided by Bethlehem, which can share the financial and technical pressure of Western Petroleum Company to a limited extent.

And of course, don't forget that Cummins Electric offers a wide range of electrical products, and in short, this is a comprehensive program. The combination of prosperity and loss will not only test the strength of Occidental Petroleum Company, but also the ability of the William consortium to cooperate.

Hantec, on behalf of Occidental Petroleum, offered at an internal meeting that companies should be welcome to invest in these two major projects and use their products and technologies to take a stake in them, which has saved Occidental Petroleum money.

This suggestion received a positive response from Bethlehem.

The Occidental Petroleum Shipping Company is a joint stake of the Occidental Petroleum Company and the Bethlehem Company, each accounting for half of the shares of the reorganization, and the Bethlehem Company is a shareholder of the oil tanker built by the Bethlehem Company.

Later, California Shipping joined in and bought part of the stake from Occidental Petroleum.

"It seems that the relocation of the headquarters to New York will not be possible for the time being, and we are not strong enough in New York right now??????" Handar spread her hands and looked at Situ Nan with a smile.

"If you don't move, don't move! Houston is also a good city, so if you have the chance, you can take Texaco as well. Situ Nan nodded.

Texaco has not developed as well as it has historically been, and its role has been played by Occidental Petroleum and even better.

"Check it out!" Handar was noncommittal.

He somewhat understood Situ Nan's impatience, because when Chevron Petroleum became independent and Occidental Petroleum acquired Sinclair Oil, Exxon Oil was not idle, and Rockefeller Jr. left Los Angeles and went to Texas, and also took Humble Oil Company at lightning speed.

The Humble Oil Company was jointly established by several local oil merchants in Texas, mainly engaged in oil extraction and transportation business, lacking downstream business such as oil refining, and generally sold crude oil to Exxon Oil, Shell Oil and other giants.

Although the production chain is not complete, it is strong in crude oil extraction. There are more than 100 million tons of oil reserves. In this regard, Situ Nan has always coveted it, but he didn't find a chance to start, but he didn't expect to be taken by Rockefeller Jr.

So. Exxon Petroleum has obtained a considerable part of its crude oil production capacity, and its dependence on Occidental Petroleum will be reduced.

"Don't Texans hate Rockefeller so much? How could those people at Humble Oil be cheap Rockefeller? Situ Nan was a little puzzled.

In his memory, the Humble Oil Company was finally acquired by Texaco, and Texaco was finally acquired by Chevron, and although the Rockefeller consortium has been infiltrating the Texas oil industry, it has been limited by the Texas political and financial circles, and it was not until the Great Depression in the 30s that Texaco was taken down.

As a Texas business. Occidental Petroleum has a close relationship with Texas political and financial circles, and has always been the backbone of the Texas consortium against the Rockefeller consortium in the east.

"I can only say that others are not idle. It is estimated that our rapid development has made the Rockefeller consortium anxious, and they also urgently need to speed up the layout in the field of oil exploration and exploitation, and do not want to be subject to us one day. Just like we do, don't want to sell crude oil to them cheaply. ”

Handar analyzed, frowning slightly.

In any case, Exxon oil light yì into Texas. It's not a good thing that it will definitely compete with Western oil companies for Texas oil resources.

"In the future, we must strengthen the connection with Texaco oil, and we must not let Rockefeller get our hands on it. I'd rather be cheap Chicagoans than have Rockefeller so light yì get Texas oil. Situ Nan admonished.

After World War I, Texas became the fat of the major conglomerates in the east, not only the Rockefeller consortium, but also the Chicago consortium was optimistic about the Texaco oil company, if it were not for the rapid development of the Western oil company, it was likely to become the object of coveting by others. Even the Morgan consortium acquired a large sulfur company in Houston, which is also involved in oil-related businesses.

Thankfully, the East Texas oil field has not yet been discovered and has been in the hands of Occidental Petroleum except for a few shareholders. No one knows this secret.

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

"I don't care if I don't regret it, but it's a good thing! Didn't those shareholders get what we wanted by transferring their shares to Chevron? ”

Situ Nan smiled tacitly.

After years of buying land in East Texas, he has bought the land around the East Texas oil field, and what started as a small lumber factory has become the largest lumber producer in Texas.

This is a defensive measure, even if other oil companies "steal" next to the East Texas oil fields in the future. Not a drop of oil will be harvested!

And the thousands of residents who live in that vast land, even if they sell their land to other oil companies, those oil companies who rush to find out that the surrounding land belongs to Occidental Petroleum Company, and they will not want to ship a drop of oil except to sell oil to Occidental Petroleum Company, because Western Petroleum will never allow other oil companies to erect pipelines on their own land.

??????

The spin-off of Occidental Petroleum not only made personnel adjustments, but more importantly, the division and transfer of shareholders' assets.

Situ Nan has repeatedly said that he does not plan to let Occidental Petroleum go public in the short term, but he has entrusted the task of planning the listing of Chevron Oil Company to Robles Securities, which just satisfies those shareholders who want to make money, including the original shareholders of Chevron Oil Company.

"Mr. William, I want to transfer all of my shares to Chevron Petroleum." This is what Gedas made to Situ Nan before he took office.

"Are you willing?" Situ Nan reminded. Giving up a stake in Occidental Petroleum means giving up the interest in the future development of the East Texas super field.

"Yes. I believe in my abilities, and the potential of Chevron Oil is not bad at all. Guedas said firmly.

"Okay!" Situ Nan nodded in agreement, thinking that he would find an opportunity to compensate for Gedas in the future.

At the time of the spin-off of Occidental Petroleum, the shareholders reached an agreement that Occidental Petroleum shareholders could hold shares in both oil companies on a pro rata basis, or they could concentrate their shares in either one.

Guedas exchanged his shares in Occidental Petroleum for those in Chevron, which would increase his stake a lot, which would help strengthen his influence in Chevron.

In addition to him, the other founders who knew that Occidental Petroleum secretly controlled the East Texas oil field retained shares in Occidental Petroleum Co. Others, however, are more likely to take a stake in Chevron and abandon Occidental Petroleum.

Among them are the representatives of the Rockefeller family, as well as the Mellon family, and the more capital-oriented companies such as Bethlehem and Wells Fargo have also chosen Chevron Oil.

After a round of restructuring. Situ Nan's personal stake in Chevron has dropped to 5%, but it is still the de facto largest shareholder of Chevron Oil, as well as more than 25% of Chevron Oil's shares, as well as companies such as Tongguò Occidental Petroleum Company, William Financial Holdings, and Robles Company.

The remaining 30 percent of Chevron's shares were divided between the Mellon, Rockefeller, Gedas, Sinclair and other families, 10 percent to hundreds of early investors in Texas and California, and the remaining 30 percent to the New York financial markets.

In contrast to Gedas, Occidental Petroleum shareholders such as Hantec and Bot hold only a small stake in Chevron. More shares of Occidental Petroleum were retained, so the share of shares held in Occidental Petroleum was slightly increased.

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

Occidental Petroleum is still controlled by Situ Nan, who directly or indirectly controls 60% of the shares of Occidental Petroleum Company.

Through Guò's spin-off of Occidental Petroleum, Stuart subtly reduced Mellon's and Rockefeller's stakes in Occidental Petroleum.

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

Their arrival was a relief to the lonely Andrew. In particular, Situ Nan's pair of children made Andrew like it very much.

As soon as little Andy saw him, he threw himself into Andrew's arms, grabbed Andrew's gray beard and giggled, the kid had been intimate with his grandfather since he was a child.

"My darling! I've finally looked forward to you. Miss me? Andrew kindly stroked little Andy's face. I couldn't help but kiss it.

Children begin to be naughty when they grow up, especially after learning to run, and they can't catch it if they want to.

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

In general, 1923 passed so excitingly and compactly, and it was also a fruitful year.

Not only the re-launched Western Petroleum Company but also the thriving South China thousands of miles away, Situ Nan feels that the unexpected achievements have been made in the past ten years, and only the taste of them can be appreciated.

The stall has been paved, and the future needs to be more emotionally cultivated.

For a few days. are all carnival, Situ Nan plays with the children in the snow when he has time.

In his previous life, when he was alone in the United States, he did not have a deep understanding of Christmas, and it is still the same, but it has gradually become an important holiday to maintain family relationships.

The streets of Washington were jubilant and peaceful. It is estimated that from the east coast to the west coast, across the ocean, all over the world, all over the world, are jubilant, this world is still the world of Westerners after all, and Situ Nan stood in the center, looking forward to it back and forth, savoring the unique feeling.

"What a wonderful moment!" Andrew drank a few glasses, his face flushed, and his mood was a little high. For a man who has been lonely all year round, in old age, what could make him happier than having his children and grandchildren around his knees?

"Yes. A Coolidge boom is coming to the people, the best of Americans! Situ Nan nodded. As soon as you open your mouth, bring the topic to work.

"Are you optimistic about him? Public opinion is not so good for the White House right now, and the president has done almost nothing. Andrew laughed.

"Americans need such a president, as long as they live in abundance, have a job, have bread and milk, what is there not to be satisfied with? Perhaps the silent Coolidge is better than the flamboyant Harding! "Situ Nandao.

Andrew nodded, a smile on his lips. Truth be told, the president doesn't "do things," and he, the finance minister, is not idle. "A new tax law is already in the works, tariffs will be raised a little bit, business tax will be lowered, high personal income tax will be reduced to 30%, and if you are lucky, it may be reduced to 20%."

Mellon smiled faintly.

"Very good! There will definitely be millions of millionaires in the future! ”

Situ Nan said excitedly, although he expected this, he couldn't help but be happy to hear the news.

I thought to myself: Heaven and place are favorable, there are many convenient conditions, and the United States cannot prosper if it wants to.

The economic development of the United States is also very important for South China, which can exchange the oil and rubber trade for the technology and equipment needed for industrialization, just as the profits from Japan's raw silk and textile industries can be used to expand large industrial giants such as Mitsubishi Mitsui.

Andrew was a little apprehensive and more excited about Occidental Petroleum's near-aggressive investment plans, seeing huge benefits in it.

"A central artery plan is not enough, and the Atlantic Rim plan is started at the same time, will the pressure be too great?" Andrew asked.

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

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