Rebirth: The Financial Giant - Chapter 961
When John Bryan heard this condition thrown by Lu Ming, he couldn’t help but be surprised for a while. If the premium is 50 US dollars per barrel, then North American shale oil and gas companies can survive if they can get the Tiansheng Capital purchase contract.
According to Moody’s, oil and gas companies in North America will face $200 billion in debt maturing over the next four years, with $40 billion due this year alone.
Affected by the impact of low oil prices, the stock prices of North American energy companies have fallen sharply, and it is difficult for North American shale oil and gas companies, which are already highly indebted, to raise funds through borrowing.
The current low oil prices not only make shale oil drilling in North America unprofitable, but also fall into the embarrassing dilemma of “production is a loss”. No one can bear the price of losing a barrel of mining.
Oil and gas companies are reducing capital expenditures and production activities to cut losses.
Just today, North American oil and gas giant ExxonMobil announced that it will cut its capital expenditures and cash outlay operating expenses by 30% and 15%, respectively, this year in response to the oil supply-demand imbalance and falling commodity prices.
Due to the large increase in the production of shale oil in the old and the United States, it has gradually become the world’s major crude oil producer and exporter in recent years. , layoffs and bankruptcies are inevitable, which will further trigger more chain reactions.
Lu Ming set a price condition of US$50/barrel for the purchase of North American shale oil, except that the money was cut from the old American home, mainly at this price, so that North American shale oil and gas companies can make their capital this year. The spending budget provides funds and pays off debts.
If crude oil prices remain at their current levels by the end of this year, the cash flow of the oil industry in North America may disappear by $380 billion to $400 billion, which is an astronomical amount.
However, the premium can be reached to the price of 50 US dollars / barrel. This is a long-term agreement and the price must be welded to death, not linked to the rise and fall of the international crude oil futures market.
If the price is not welded to death, and the shale oil and gas in Laomei is relieved, it is certain to raise the price backhand, then shoot yourself in the foot.
The old beauty’s urine **** must do this.
And even if there is an agreement, Lao Mei’s “spirit of abandoning the contract” is still unreliable, but Lu Ming is not afraid, as long as the agreement is signed, he will not panic.
Because as long as a final consensus is reached in this game, North American capital institutions will also entrust a lot of funds to Tiansheng Capital for management, not to mention other currently frozen Nubuat money will definitely return to Tiansheng Capital for custody.
At that time, if the old beauty dares to cheat and abandon the contract, then he will fill the gap from here, and there are ways.
Buying at the price of 50 US dollars is not cheap but not expensive. It is acceptable to import it for your own use. In the future, the oil price will be high, and if it is expensive, you can sell it and make a lot of money. a logic.
After all, Lu Ming knew that in a year or two, Mao Xiong would overturn the table first, causing global energy prices to skyrocket, natural gas to skyrocket, and oil prices to skyrocket to over $100.
Therefore, taking advantage of this rare time window, all kinds of wholesale prices are slammed to weld the price, and the initiative will be in my own hands in the future.
In fact, from the perspective of his own interests, Lu Ming also does not hope to see the shale oil and gas companies in the United States completely. OPEC+ got it right.
You know, there was a sharp drop in oil prices in 2016, and this time, whether it is a big dog or a hairy bear, it is very painful. After such a wave or two of heavy bleeding, we will definitely find a way to increase the price in the future.
The high oil price is definitely not a good thing for the country.
Therefore, Lu Ming certainly hopes that the shale oil in Laomei will not die. There are more sellers. As a buyer, it is easier to pull and bargain. There is a higher probability of being swayed by someone who has no branch, and it is much more passive.
In this year, only interests are eternal.
But in general, the game in the field of crude oil is not a long-term solution, but more about ensuring energy security in the short term. For a country, the investment in new clean energy is the key to the sustainable development of harmonious coexistence between man and nature. road.
The current national strategy is to ensure the current energy security, mainly to promote the development of new energy, and now the state strongly supports this direction, and further efforts are being made to develop a series of renewable and clean energy such as wind energy, solar energy, and water energy. .
Lu Ming directly expressed to John Bryan that Tiansheng Capital is willing to make great efforts to support oil prices to help the shale oil and gas companies in North America to tide over the difficulties. Stop me from buying and buying around the world, or I won’t help you to support oil prices.
This is also paving the way for the previously set strategy of “buying the world, buying the world”. In fact, these also have to compete with the old and the United States. After all, it is still a bit uncomfortable for him to trip you up. It’s annoying even if you can deal with it and fix it.
When John Bryan heard that Lu Ming was willing to offer a price of US$50/barrel, he felt quite sincere. As long as the North American shale oil and gas company that can get the purchase order from Tiansheng Capital, UUkanshu www.uukanshu.com will be able to slow down immediately. Take this breath.
But at the same time, seeing Lu Ming’s request for a long order agreement to weld the price, he also knew that the other party had a shrewd look and had already begun to predict that the price would be raised after the slowdown.
On the whole, it is indeed very sincere. Tiansheng Capital is willing to come out to support oil prices, support the stock market, and buy US bonds. These are all problems that America needs to solve at present.
And it’s all imminent.
John Bryan also admitted in his heart that what Lu Ming said all hit the current weakness of North America, and he knew that it was the other party’s conspiracy strategy.
But to take a step back, even if the wealth harvested by Tiansheng Capital is not returned, it is not impossible. The Fed can print more money. As long as it prints enough, it can dilute the purchasing power of the money in the other party’s hands.
Although the crazy money printing also has great drawbacks, but it can’t stand how fast and labor-saving.
At the end, John Bryan immediately looked at Lu Ming and said, “Mr. Lu, you have decided to withdraw the linkage mechanism of refined oil…”
Lu Ming interrupted him directly and said, “I’m sorry that this matter is not something I can decide. I’m sorry that I can’t give you a definite and satisfactory answer.”
Seeing his unremarkable posture, John Bryan stopped talking.
In fact, Lu Ming knows that the current pricing mechanism for refined oil products is difficult to change in the short term, but this is a core bargaining chip in the negotiation with the old and the United States. At this time, he must not easily show all his cards. embarrassed.
The two sides continued to talk for six or seven minutes. This time the meeting was over. John Bryan immediately left and left. After leaving Tiansheng Capital headquarters, he went directly to North America to report the situation. As for Ningzhou City, he was I don’t want to stay for a moment.
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