Strangling its momentum, Hammer outwitted the "Pacific"
In 1961, Hammer Petroleum drilled California's second largest natural gas field, valued at $200 million, in tiny Oaksey. A few months later, a very rich natural gas field was drilled in nearby Brentwood.
As a result, the assets and scale of Hammer Petroleum have been expanded, but compared with those powerful big oil companies, it is really "a drop in the bucket". That's why when Hammer rushed to Pacific Gas & Electric to sign a 20-year gas sale contract with the company, he was hit by a nose.
Pacific Gas & Electric didn't care about the oil company, which was just getting some improvement, and sent Hammer away in just a few words. They say, sorry, they don't need Hammer's gas because they've recently spent a lot of money on a gas pipeline from Eberg, Canada to San Francisco's waterfront, so that a lot of gas can be piped from Canada to the United States......
This undoubtedly poured cold water on the head of Hamer, who was envisioning a smooth deal, which embarrassed him, and he was at a loss for a while.
As the saying goes, "ginger is old and spicy," Hammer is worthy of being one of the few big entrepreneurs of our time, he quickly calmed down from his confusion, and with his years of experience, he came up with a trick of "drawing salary from the bottom of the kettle".
Hammer drove to the city of Los Angeles. The City of Los Angeles is the buyer of Pacific Gas & Electric and a direct recipient of natural gas. He approached the city's city council and told them in a vivid picture of his plan: to build a natural gas pipeline from Lathrop to the city of Los Angeles, and that he would supply the city of Los Angeles with natural gas at a cheaper price than Pacific Gas & Electric and any other company to meet the needs of the citizens. And because he will speed up the construction of the pipeline, it will take less time than Pacific Gas & Electric and any other company to provide natural gas, and the citizens of Los Angeles will have access to his cheap gas in the near future.
In this battle, Mr. Hammer relied on his wisdom and experience, skillfully used the technique of "drawing wages from the bottom of the kettle", defeated his opponent and won the victory.
"Deciphering the Thirty-six Strategies" stifles its momentum Hammer outwitted the "Pacific Ocean" is in the middle of the hand, please wait a moment,
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