Chapter 236 (1/2)
Standard oil was broken down into 34 independent companies by the United States Supreme Court in 1911 on the grounds of trust.
But this did not break the link between them. Rockefeller and its consortium members firmly control the crude oil market through interest exchange and cross shareholding.
Crude oil is one thing, but we want to transport it to refineries and refine it into kerosene and gasoline suitable for internal combustion engines.
And finally let it flow into the market and become Franklin with ink fragrance is another thing.
After the dismantling of standard oil, the three largest oil companies, together with the other four original oil companies, formed a monopoly giant now known as the ”Seven Sisters of oil”.
They control everything from crude oil extraction, pipeline transportation, rail transportation, to refineries and technology monopolies.
The pricing of world crude oil is dominated by the ”seven oil sisters”.
The United States is the world's largest oil importer and exporter. With its dominant pricing power, the oil price has been fixed at 2 US barrels for a long time.
The price of refined kerosene, especially gasoline, has risen again and again. Crude oil is purchased at a low price, and gasoline is sold at a high price.
The simple and crude monopolistic operation of the seven oil sisters has made huge profits for the giants and oil companies.
Rockefeller and the seven sisters of oil control 92 percent of all refineries, 73 percent of crude oil transportation and shipping, and 98 percent of gas stations in the United States.
If you want to realize crude oil without Rockefeller or the seven sisters of oil, dreams may be easier to realize!
”Uncle John, I have a piece of good news for you --” I called John Rockefeller Jr., and they had a long talk on the phone.
Finally, the two sides reached the cooperation intention happily.
Alaskan standard oil, which has agreed to be connected to the pipeline by California standard oil, sells its crude oil to the other party for $4 a barrel.
To put it simply, Li Zitao packaged the crude oil produced in Beipo oilfield and sold it to California standard oil company.
The price of $4 is the return of little John's kindness to Li Zitao.
Although the Rockefeller consortium directly or indirectly controls the oil market.
But a new oil field with 800 million tons of reserves will give Rockefeller another say in consortia and oil companies.
Go home!
A big stone landed safely, and Li Zitao boarded the plane happily, ready to experience a real VIP service.
”Lily, did anyone say you were beautiful?” Taking the beer from the stewardess, Li Zitao patted the sofa beside him.
Lily, a stewardess, looks like a human being. Collins taucy in weakness.
Sweet and pure smile, people can not resist, sweet cure is goddess.
Lily sat on the sofa hesitantly. She knew what would happen next.
”Mr. Li is one of the wealthiest people in the country. Your task is to meet all his needs. Moreover, I know he is very generous,
If, I mean, if something happens, you will get a satisfactory reward.”
Clap ~ ~
clapping his thigh, Li Zitao's body slides downward, and Beijing collapses on the sofa, but his eyes are amused at another stewardess opposite the syncline.
Zila -
when the air is quiet, only the occasional ”GuZi” sound comes, which is strange!
……