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Comeback 1992 - Chapter 1042

Published at 17th of February 2023 06:51:12 AM


Chapter 1042: The shale oil and gas revolution

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  Chapter 1042 The Shale Oil and Gas Revolution

   As the Xinghai Group's Longxing Land, Jiangzhong is of great significance to Xinghai Group. Now the headquarters of Fuxing Industry and Fuxing Power are still in Jiangzhong.

  Jiangzhong has been expanding its economic scale over the years.

   In addition, in terms of people's livelihood construction, Jiang Zhong has done quite well.

   Traffic is relatively convenient.

  Anyway, Jiangzhong is stuck in the middle of Rongcheng and Yuzhou, and the development of the two southwest cities will bring Jiangzhong.

  Jiangzhong is well-known throughout the country in terms of education, especially vocational and technical education.

  Xinghai Institute of Technology is the only technical university, and it is also a second university.

   Students who graduated from Xinghai Institute of Technology have never been short of jobs.

  In mid-April, Han Songlin went to the Boao Economic Forum.

   Hua Guo attaches great importance to the Boao Economic Forum, and leaders have attended all previous forums.

  This year, the big leaders attended and delivered speeches.

  Han Songlin did not give a speech this year, he has nothing to say.

  Chen Xin published research as a special guest. In his speech, Chen Xin said that THC investment is optimistic about the prospects for the continued recovery of the world economy.

   At this time, the economic development of Huaguo was extremely good. In 2010, the GDP growth rate reached 18%.

   This year will not be bad either.

   But this growth is brought about by high investment.

  Han Songlin also felt a little headache, because THC invested a lot of money in the country.

  A lot of funds, through direct investment or THC bank loans.

  Chen Xin was the favorite of everyone at the meeting.

   Now, no one knows, no one knows, THC Investment is the largest asset management company in the world, managing a huge wealth of more than five trillion U.S. dollars.

  In 2010, China's GDP reached 592.66 million US dollars.

  It is not an exaggeration to describe THC investment as rich and powerful.

  THC Investment is not only in charge of huge funds, but also has a powerful security force underneath it.

  In Xiangjiang, THC security is well-known, and Xiangjiang’s underground power trembles in front of THC security.

  Because THC security basically has everything except heavy equipment in Xiangjiang.

   "Boss, you seem very leisurely!" Chen Xin found Han Songlin after dealing with people, and couldn't help complaining a little.

   This kind of thing should have been done by Tang Yan.

   It is clearly stated that one person is in charge and the other is in charge of outsiders.

  But Tang Yan ran back to Rongcheng.

   Sure enough, love will make a woman go to her head, even regardless of her career.

  No way, Chen Xin had to froze things up.

  Han Songlin could only smile, what else could he say.

   Indeed, he seemed a little more relaxed.

   "Those who can do more work."

  Chen Xin didn't want to talk, she didn't want to say anything about what she said.

  What do you mean, I am amazing, so I have to work more?

  Mediocre, but found a reason to be lazy!

  "In the past, the president of Samba invited THC to invest in Samba."

  Of course, since it is an invitation, it is natural to talk about some policies.

  A new president of Samba who just took office is a woman.

  And Han Songlin also knew that she would be removed by impeachment.

   As for the reason?

  After 2014, Samba's economy stalled, and it was unable to come up with corresponding countermeasures.

  In the past ten years or so, Samba has earned a lot of wealth by relying on the continued high prices of global raw materials and energy.

   But when all this is over, troubles will come out.

  Actually, Han Songlin remembers that due to changes in the global economy, several countries were directly hit hard.

  Han Songlin now somewhat understands why the financial market in the United States will continue to rise.

  It is really because of the funds that I can't find a good place to go.

   "How much investment do we have in Samba?"

  Chen Xin thought for a while: "Financial investment is about 30 billion yuan, and physical investment is about 100 billion yuan."

"Dollar?"

  Chen Xin asked strangely: "Aren't all international investments denominated in US dollars?"

  This is true!

  International investment only recognizes the US dollar as the world currency.

  Han Songlin: "Have you noticed the shale oil revolution in the United States?"

   "The Shale Oil Revolution?"

Han Songlin nodded affirmatively: "In terms of shale oil extraction technology, the United States has begun to mature. The cost of extraction is continuing to decrease. I have seen reports that the extraction cost of some shale oil wells has already fallen below $40 per well." Bucket."

  Chen Xin has also seen the report that Han Songlin can see.

  In fact, the cost of extracting shale oil in the United States is between US$40-140.

  If the cost is high, there is definitely no way to make money.

   Even now oil prices are over $100 a barrel.

   "Now that the oil price is so high, do you think it will continue to stimulate the continued development of shale oil extraction technology in the United States?"

   "Continue to reduce the mining cost to 30 dollars or even below?"

   When it comes to the cost of oil extraction, the Gulf countries must be considered, and the cost of extraction is really low enough.

  Chen Xin nodded affirmatively, this is inevitable.

  If you want to make more money, you will inevitably continue to promote technological progress.

   To do a good job, a worker must first sharpen his tools. Americans know this very well.

  Han Songlin: "The large-scale development of shale oil and gas in the United States will definitely lower the international oil price. Those countries around the world that rely on oil for their livelihood will have to live a hard life."

  Chen Xin's eyes widened involuntarily, this is a big deal.

  After going back, we must pay attention to the shale oil and gas revolution that happened in the United States.

  Really, technological progress will change the world.

   For THC investment, new money-making opportunities are coming.

   After attending the economic forum, Han Songlin was not in a hurry to go home.

   Instead, he started an inspection tour.

  When the car was driving through a street, Han Songlin happened to see Han's Braised Meat Shop on the side of the street, and couldn't help but sigh.

  I can be regarded as starting out selling braised pork.

   It's just that Han Songlin has almost forgotten what ingredients are in this lo-mei bag.

   I can probably say something, but to be specific, I really can’t.

  In other words, is the store you see now a regular store or a counterfeit store?

  Han's Lo-Mei shop is quite well-known in China.

  Basically opened throughout the entire Huaguo.

  In addition to the lo-mei shop, I also saw Huayun's specialty store, Fumanduo convenience store, and even Fumanduo supermarket.

  I also saw the courier of Fuda Express.

   And the vehicles driving on the street all have the "Fu" logo on the front of the car.

  This is from Furui Motors.

   And the truck has a "Fu" logo on it, which belongs to Fuxing Industry.

  The motorbike parked on the side of the road also has a word "Fu" on it, which is powered by Fuxing.

   On the street, you can see things related to Xinghai Group everywhere.

  Fuller Hotel Yangcheng, like other Fuller hotels in China, Fuller Hotel Yangcheng is also extremely large in terms of area.

  Since it was built, it has become the largest hotel in Yangcheng, and in the following years, there is no other hotel that can match it.

   No way, with such an area, who can compare with the latecomers?

  (end of this chapter)




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