Red Soviet Union

Mr. President, our survey results have come out. Due to the geological structure of our important Monterey shale oil production area, the original estimated recoverable reserves will be greatly reduced. Now, we predict that there are only 600 million barrels The shale oil can be extracted from there. Secretary of Energy James said to President Reagan, his face was extremely disappointed.

The shale oil base in Monterey is the main shale oil production base in the United States, but now, more than 90% of the expected recoverable reserves have been cut off! Originally, relying on this oil base, the United States planned to create 2.8 million new jobs, which could generate 24.6 billion U.S. dollars in tax revenue every year. For the United States now, this is a major project!

But now? It is a big oil field, if there is no one, it will be gone! Everyone present looked ugly, especially Vice President Bush. After all, the Bush family is a big oil family in Texas, and now, the shale oil reserves have plummeted, and the family will also suffer a lot!

And, if all shale oil bases are like this, then the US shale oil revolution is a joke?

What about our other shale oil bases? Will the same happen? Reagan asked.

If this is the case, it is conceivable that the US economy will experience an avalanche! The short-term prosperity now maintained by shale oil will all disappear, and the United States will experience a cold winter!

The Monterey shale oil base is mainly due to the geological structure. There are too many faults underneath, which makes it impossible for us to extract it even though we want to mine it. Other shale oil bases should not have the same result. James said. Said.

The original expectations were too high, and now, based on the results of the reanalysis of the wells that have withered, there is no worse result than this. Even if the reserves of the Monterey shale oil base are greatly reduced, it will not affect other oil fields. , Moreover, with the advancement of technology, maybe there will be a way to recover the unrecoverable shale oil in the future! Who would have imagined just a few years ago that shale oil would be produced on a large scale?

Reagan nodded, such an analysis result could still be accepted by him.

Mr. President, it's not good! At this moment, Baker, the director of the White House Office, hurried in. He turned on the TV and tuned to the international channel.

Inside, it happened to be a replay!

A bearded man with a scarf on his head was speaking in Arabic, and at the same time, there were subtitles that had been translated into English.

Several years of war have left our economy traumatized, and now we have restored our country to what it was before the war after rebuilding our own homeland with our own hands. However, the conspiracy of certain countries to interfere in our internal affairs won't change,

At the same time, their conspiracy is doomed to bankruptcy. Originally, OPEC coordinated the crude oil production of various countries and maintained the supply and demand relationship in the world crude oil market, which has reached a balance between supply and demand. But now, new oil exporting countries have joined in and maliciously interfered with our oil exports, resulting in low oil prices. We lowered our oil production, hoping to maintain normal prices, but the result? It was other oil producing countries who increased their oil production and maliciously increased exports, which caused us to suffer huge losses! Now, in order to protect the interests of our oil-producing countries, we have decided to conduct a fair competition to face this deteriorating situation. We will expand our production to meet the crude oil demand of various countries! We want to defeat those malicious oil exporting countries through legitimate commercial competition!

Damn it! Seeing this, Bush's face suddenly changed. What are these Middle Eastern bumpkins thinking?

Needless to say, you can know that the other party is targeting the United States! Back then, the United States was also one of the world's largest oil importers. Why did the United States go out of its way to maintain its dominance in the Middle East? Of course, it is to control oil resources and ensure their own energy security! Under such circumstances, it is most beneficial to the United States to maintain a low price of oil. In the 1980s, the Americans used various excuses to make Saudi Arabia and other countries increase oil production crazily. In the end, the price of oil was reduced to about ten dollars a barrel, and they enjoyed low oil prices.

But now, with the large-scale exploitation of shale oil, the United States has changed from an oil importer to an oil exporter! Well, for the United States, it is natural to hope that the world's oil prices will be as high as possible!

The United States is constantly increasing oil production and expanding its share in the oil market. However, this is not because the United States wants to lower world oil prices. All of this is caused by the continuous reduction of oil production in the oil-producing countries in the Middle East. After the war in the Middle East began, The oil production of the countries in the Middle East is less than half of what it was before the war, and the world crude oil market is in a stage where supply exceeds demand, so oil prices remain high.

Of course, the increase in oil production by the United States and the United Kingdom has indeed seized the share of oil exports from the Middle East, but these are also the result of normal competition.

However, the one who is speaking now is the oil minister of Iraq, who is also one of the important representatives of the newly established Organization of Petroleum Exporting Countries in Moscow. His speech basically represents the statements of all oil-producing countries in the Middle East!

The Middle East will change its previous policy and use large-scale oil exports to seize the market! At the same time, a bloodless fight between the world's crude oil exporting countries is just around the corner!

This is an even worse idea! Hearing this news, President Bush's already ugly face became even uglier.

As an oil family, Bush certainly knows the difference between Middle East oil and American oil. The Middle East is all high-yield self-spraying crude oil. If you drill an oil well from the ground, you don't even need an oil pump, and the oil will come out by itself. The cost of extraction is less than ten dollars! However, the cost of extracting oil in the United States is definitely more than 20 dollars, while the cost of shale oil is about 40 dollars a barrel! It is similar to the cost of mining North Sea oil fields in the UK.

If oil is produced in large quantities, the world crude oil price will plummet! In this way, the U.S. plan to save the economy by exporting oil will be on the verge of bankruptcy!

All of this is of course a Soviet conspiracy! The oil fields under the plateau permafrost of the Soviets also had high production costs. However, the Soviets also controlled a large number of oil fields in the Middle East. For example, those oil fields in Saudi Arabia had Soviet shares. They can still make up for the oil field losses in Saudi Arabia, but the United States can't do it. Where will the United States cut wool? (To be continued.)