Chapter 393 Self-built Strategic Petroleum Reserves

"What? Tens of millions of tons, there is such a big place there, Mr. Su, don't be joking. Prime Minister Tie exclaimed in surprise, although there are many wharf warehouses or oil depots in oil refineries in China, but it is really impossible to find such a place to accommodate tens of millions of tons of oil.

"Who is kidding you, I'm about millions of dollars a second, since I don't have it, forget it, I'll think of another way." Su Ming didn't plan to hang himself on this tree, he couldn't find other countries here, Pakistan and Namibia were all sparsely populated places, and everything was suitable for storage, but the security surname was not too high, and it was not built for domestic security.

"Don't worry, how is the current oil price, rising vigorously, Mr. Su, you haven't made enough money, how much is your psychological price, PetroChina has come to me to complain several times, saying that the international oil price is picked up by you alone, and suggested to me to put out the inventory in your hand, and then buy it when it is low, or you buy these oils back, only tens of thousands of tons."

Premier Tie is a little not optimistic about Su Ming's recent abandonment of industry, playing futures or something, and playing with oil, the recent rise in oil prices has caused great losses to the country, and as soon as the oil price is high, the smuggling situation is even more serious, so he wants to persuade Su Ming to turn his energy to industry.

"You really think I'm not messy enough, I just want to cause a tight oil market, you still have to sell inventory, you think the price is high now, right, it's higher, forget it, I want as much as I want, just save it for me first, and when those guys regret it." Su Ming was really angry, fortunately he made such a call, otherwise his own country would almost stab himself from behind, tens of thousands of tons are only hundreds of thousands of tons, but not much, but this news has a big impact, China is also a big market for oil consumption, and if you sell oil, the damage to the market will be very serious.

"Mr. Su, wait a minute, you haven't told me what is going on with this oil price bottoming out? What is the purpose of making a fuss about oil in your spare time, and how many oil fields have you bought recently? When Premier Tie heard that Su Ming meant to hang up the phone, he hurriedly stopped him, and then continued to ask about Su Ming's intentions, and there were really few people who knew about Su Ming's intentions.

"That's right, I have a $5 billion gambling agreement with a company in the United States, and if the price of oil rises to 25, I will win, and if it doesn't rise, they will win, it's as simple as that, there is nothing to do, and I am anxious to think of other ways." Su Ming thought about it and felt that Prime Minister Tie was still relatively reliable, so he briefly told him what happened, of course, the intention was that he planned to earn back the cost of the war from oil, which could not be said.

"Oh, I said, five billion dollars is not a small amount, but Xiao Su, I'm going to talk about you, how can you sign this agreement with someone, people are naturally willing to bet with you, then it must be certain, is the United States releasing the strategic petroleum reserve from the other party? With this, the price of oil can be raised. Prime Minister Tie persuaded Su Ming with a tone of hatred that iron does not become steel, he was very optimistic about Su Ming's economic ability, he didn't expect Su Ming to go to the Americans to make any bets, people have been playing this kind of capital game for hundreds of years, since 1634 when the Dutch played tulip futures, people have accumulated hundreds of years of experience in this area, and the rules are formulated by others, to play this with others, isn't it asking for trouble.

"The strategic petroleum reserve has been solved, I will exchange a billion dollars in exchange for them will not be released again, see if the oil price still can't go up, so I plan to buy it in the market, I don't believe it, when everyone has no oil to buy, the price will not go up." Su Ming was ruthless, if the matter of oil reserves could not be completed, although he did not dare to rush to the territory of other countries to destroy oil field facilities, but there was no problem in blocking several outlets to the sea, and it was a big deal that he sent the Canglong out of the horse to gamble on the Strait of Hormuz, the Strait of Gibraltar, and the Strait of Malacca, and he still did not believe that oil could not soar.

"Su Ming, you hoarding, even if you win, when the price of oil drops, won't you lose a lot of money, how much profit you can make, or just forget it, five billion dollars is probably nothing to you, don't toss around." Premier Tie was still there and persuaded Su Ming bitterly, he was thinking of finding a project in China to make up for Su Ming's losses, but when he got used to it, he thought that Su Ming still needed him to take care of it, and no project could make him five billion dollars in middle labor, let alone five billion, even a project of five billion dollars he couldn't find it.

"What is it called blind tossing, I have invested more than 5 billion US dollars, used the relations of several countries, and seeing that victory is in sight, it is so easy to admit defeat."

"Then tell me, what are you going to do, the idea of engaging in strategic oil reserves is not very good, that is, our country will not be able to accommodate tens of millions of tons of oil for a while and a half, and I think oil prices should be low for a long time, you are now storing so much high-priced oil, what are you going to do when the time comes?"

"I don't have to store tens of millions of tons at once, I mainly want to use this news to pull up oil prices, and in addition, it is best to have some real surname actions in China." After Su Ming finished speaking, there was no sound on the other side for a long time, could it be that Mr. Tie went to find someone to evaluate the feasible surname? No, with the total ability level of iron, it will be able to judge it quickly.

"Mr. Tie? Mr. Tie? Su Ming whispered a few times into the microphone.

"Do you want the state to be with you in deceiving people?" The voice of the iron on the other side sounded terrifying, as if he was grinding his teeth.

"Liar? Don't lie, I really want to hoard a little, I feel that this thing has great potential for appreciation, especially for our country, oil is indispensable, and the establishment of a strategic oil reserve is conducive to stabilizing the national situation and energy strategic security. Su Ming had this idea from the time he saw the strategic oil reserves of the United States, oil is an indispensable and important element of economic development, and it is indispensable for life and industry.

"Huge potential for appreciation? Mr. Su, you're kidding, the previous paragraph has fallen below ten dollars, either Mr. Su, you toss in the back, or OPEC cuts production, and it doesn't seem to have any effect, I think at least within ten years, the supply and demand situation of oil is unlikely to change, I'm afraid that Mr. Su, you hoard so much, and it will be bad if you can't sell it when the time comes. Whether it is the analysis of foreign professional economists or the analysis reports of domestic professional institutions, the conclusion is that within ten years, the price of oil cannot exceed 20 US dollars a barrel, unless there is another war in the Middle East that lasts as long as the Iran-Iraq war.

"Hmph, from that analysis report? If the statements of economic experts were to be believed, then there would be no economic crisis, or should we gamble too? Su Ming doesn't think so, for any economic experts, he will never believe it, there are two kinds of economic experts in the usual sense, one is purely academic, these people pursue the study of the laws of economic operation, and occasionally make discoveries, they think they grasp the true meaning of the economy, but they don't know that although there are laws in economic operation, the laws are constantly changing; The other kind of person is a pure liar, making some shocking remarks to attract the attention of the world, and then in case it is said, it is desperately promoted, which is the same as a liar who tells the fortune and looks at the appearance, once he is hit, he really has the ability, and there is no loss if he is not hit.

In particular, after Su Ming was deeply involved in various capital markets, he was even less interested in those economists, in the face of the power of capital, any economic theory is invalid, just like the price of oil, economists have countless theories and evidence to prove that oil prices are in excess of demand, and they will never rise, but they have risen, if it were not for the gambling agreement with the other party, Su Ming's power alone would have speculated the price of oil to more than thirty dollars a barrel.

"I think you are addicted to gambling, I have no right to gamble with you in the interests of the country, and I have no money personally, so I think that although oil is important, as long as there is money in the international market, you can buy it, so you don't have to worry about anything." Prime Minister Tie replied angrily to Su Ming.

"I don't agree with your idea, although it can be bought in the international community, but what about the price, the price is in the hands of others, I have raised the price of oil, if other countries or organizations do something on this, will the national interests be harmed?" In Su Ming's view, such an important thing, the country does not say that it has the right to set prices, at least it must have a certain right to speak on it, and the strategic oil reserve is a very effective countermeasure, especially if you store enough oil for half a year, in the oil market, you have great power.

Tie Rongsha was speechless all of a sudden, thinking about it, Su Ming used billions of dollars to influence a few countries to make the price of oil more than double, if it was replaced by a certain country, wouldn't it be more serious, thinking that from five or six years ago, domestic production has not kept up with demand, it was only a small part of imports, and now it has reached the scale of half of each, and if it continues to develop, the consequences are unimaginable, after thinking about this, Premier Tie's tone also softened: "What you said makes sense, But we still have to have a meeting to study it, and this kind of thing has to go through the Politburo, so you have to wait patiently for a few more days. ”

"I'm just going to borrow a place? You still have to go through the Politburo, you can't be the master when you are the prime minister, and when you finish your meeting and study, my daylily is cold, forget it, I'll find someone else. At this time, it was Su Ming's turn to put up a shelf, and sure enough, when he heard Su Ming say this, Premier Tie was also anxious, and hurriedly told Su Ming that he could call the shots by borrowing the place, but this kind of thing is best determined in the form of cooperation between the two parties.

In the end, it was agreed that the two sides would cooperate in developing this strategic petroleum reserve, with the scale of the first phase being 10 million tons, with Su Ming providing funds, and the state providing maintenance and security protection of sites and facilities.

(To be continued)