Chapter 750 Britain is facing a crisis
Building a country requires a major investment in many aspects. Kusai has brought various weapons production lines and established military industrial bases one by one. However, the most basic, the supply of electricity has become a difficult problem before us.
At this time, Kusai remembered that Gorbachev sent a nuclear power plant to him, and had expected in advance that there would be a power shortage in Iraq!
Just as Kusai inspected various places, oil prices that continued to rise began to gradually fall.
When it first rose, the speed was very fast, but when it fell, it was not that fast. Because the current market is still in short supply.
However, countries around the world have finally begun to recover. They have seen hope that as long as oil prices no longer rise and can gradually fall, they can get rid of various problems caused by high oil prices.
After more than ten days of waiting, just when the oil price has fallen back to more than fifty dollars per barrel, Saudi Arabia issued a new statement. After half a month of intense maintenance, most of Saudi Arabia's oil facilities have returned to normal. In order to help countries get rid of the troubles of high oil prices, Saudi Arabia decided to increase production immediately, first increasing production by 2 million barrels per day, and subsequently maintain the scale of 4 million barrels.
Saudi Arabia's voice finally caused oil prices to begin to fall rapidly.
As the largest oil-producing country, Saudi Arabia's oil industry has great flexibility. Under normal circumstances, it is normal to increase production by 2 million barrels. If you work hard, it is also possible to increase production by 4 million barrels.
Now, Saudi Arabia and Iraq, the two most important oil-producing countries, have increased oil production, which is enough to make up for the reduced export volume of Mexico and Venezuela, and it also has to make up for the excess. Moreover, not only Saudi Arabia, Iraq, Kuwait, the United Arab Emirates and other countries, have also responded to OPEC's call and started increasing oil production.
The supply of oil has always been tight, and it has begun to gradually meet the needs of the world. Moreover, it has begun to save money.
When 1985 came, oil prices had fallen to thirty dollars per barrel.
At this time, Britain finally began to feel depressed.
In London, England, a building built on a narrow swamp, with an octagonal dome on the top, with a plain black wooden door on the front, and a white Arabic numeral "10", which has become a well-known mark. This is No. 10 Downing Street. It is the center of political power in the UK.
No. 10 Downing Street is the Prime Minister's residence and the Prime Minister's office. The Prime Minister's secretary, assistant and adviser all work in the Prime Minister's residence. The Prime Minister formulates policies with cabinet and think tanks at No. 10 Downing Street every day. The general confidential departments, Congress, the Ministry of Finance and the Ministry of Foreign Affairs, are only minutes away from No. 10 Downing Street. The Prime Minister can easily obtain information and contact.
Buckingham Palace where the British monarch lives is nearby. The Prime Minister can go to Buckingham Palace regularly to report his affairs to the monarch. There are different conference rooms and dinner rooms in Downing Street 10, where the Prime Minister often meets leaders from all walks of life and countries. Therefore, Downing Street 10 symbolizes the center of the British government and is also one of the core power of British politics.
Although the empire that once did not set, Britain is still a great power in the world. It is possible to become the prime minister of this great power, while holding great power, and shouldering great responsibilities.
In one of the important conference rooms, British Prime Minister Margaret Hilda Thatcher, with short golden hair, was listening to the meeting of Energy Secretary Weber, Industry Secretary Shuen and other staff members. The atmosphere was very heavy.
"Now, those guys in the Middle East have been increasing crude oil production frantically, resulting in the continued decline in international oil prices. Just this morning, the international crude oil futures market had exceeded 30 US dollars, falling to 26.7 US dollars." Energy Secretary Weber spoke first.
Mrs. Thatcher listened to Weber's speech and realized that the matter was getting worse and worse.
"Our Beihai oil fields have expanded on a large scale because we need the oil industry to increase our income. Before the 1980s, we were still an oil importer. However, within a few years, we have become an oil exporter. The Beihai oil fields have made great contributions to my country's economic growth, especially in the second half of last year, due to the crisis in the Middle East, the crude oil prices rose significantly, and we increased our income." Industry Minister Xiu En said: "When the price was at the highest, it was close to 80 US dollars per barrel, we made a lot of profits, and, more importantly, we arranged many jobs, oil extraction and chemical industry, which drove our employment level and reduced the unemployment rate, which made us have greatly improved in the past year."
"However, those guys in the Middle East have finally started to increase production of crude oil under the pressure of the United States. The market has long been saturated, which has led to a decline in crude oil prices. The United States is living comfortably, and we are not having a good time. Especially those guys in the Middle East have all dropped to twenty-six dollars per barrel for some purpose, but they are still increasing production. Do they want to lose money?" said an aide dissatisfied.
"The oil-producing areas in the Middle East, Saudi Arabia, Iraq, Kuwait and other countries, their oil fields are buried in shallow underground. Even if the depth of the tap well is drilled, they can produce crude oil. Their mining cost is very low," said the Energy Minister. "Even if the world oil price drops to ten dollars per barrel, they can still make money. We have done accounting. For example, Saudi Arabia's mining cost is no more than four dollars per barrel, and the onshore oil fields of other OPEC member countries have no more than six dollars per barrel. However, our North Sea oil fields are mined in the North Sea with complex climate conditions, and the oil is buried several thousand meters.
Under the riverbed, the mining cost per barrel is eleven US dollars, and our oil has to be added to the transportation cost. No foreign oil tanker will load oil on the wind and wave-level North Sea oil well. When transporting it to us, the cost per barrel will be added to three US dollars. So, when the international oil price drops to thirty US dollars, we are already very dangerous. Now, it has dropped to twenty US dollars, and our profits are on the verge of terrible brink. If we go further, it will drop to twenty US dollars, or even fifteen US dollars, or even ten US dollars, we will have to operate at a loss, but OPEC countries can still make profits."
Mrs. Thatcher's face was covered with dark clouds, and her teeth were chewing, thinking that although she was a woman, it was very terrible when Mrs. Thatcher got angry.
"Those guys, most likely, came for us," said Mrs. Thatcher.
Although the first ones were Saudi Arabia and Kuwait, after Saudi Arabia could not complete the plan to increase production, Iraq took the initiative to take the banner. Originally, Iraq had no intention of joining, but after Iraq and the United Kingdom's spy incident, the relationship between the two countries quickly fell to a low point. At that time, Kusai announced that Iraq would maintain the world economy and began to increase oil production in large quantities.
Kusai's methods are so vicious, especially since he contacted Saudi Arabia, Kuwait, and all oil-producing countries in the Middle East, and maintained good relations with Iraq. They united to fight against the British oil industry.
They did not hesitate to cause losses due to the decline in oil prices. This way, it was a hooligan act!
"So, is there no other way for us?" asked Mrs. Thatcher.
"We can only wait now, waiting for the guys in the Middle East to not be able to withstand the low oil prices, reduce our oil exports, and restore stability to the world's oil prices." said the Energy Minister.
Waiting? That's absolutely not possible!
"So, if we wait until the oil price drops to ten dollars, do we still have to wait?" Mrs. Thatcher said: "We must take the initiative to find solutions to the problem!"
"Maybe, we can seek help from the United States, increase production and price reduction are carried out under the pressure of the United States. Now the world's oil prices have long fallen below the bottom line of Americans. Prices should be stable and cannot be lowered anymore, so that OPEC can restore its original proportion of oil supply." said an aide.
"This is probably unrealistic. The United States is the direct beneficiary of the decline in oil prices. Just the day before yesterday, the US ambassador to Iraq was once again received by the Iraqi president. It is said that the Iraqi president promised that oil prices would continue to fall, and the United States was very happy. Therefore, Americans absolutely do not want oil prices to rise again." said the Energy Minister.
Although the United Kingdom and the United States have a good relationship and are hardcore ally, when it comes to the core interests, the United States must definitely abandon Britain. At the beginning, the United States hoped to import crude oil from the United Kingdom at a low price, but the United Kingdom did not agree. Now, if the United States asks the United States to do this, the Americans may not agree.
"We should express serious protests to OPEC countries and focus on putting pressure on Saudi Arabia. For example, re-examine the Storm Fighter ordered by Saudi Arabia. As long as Saudi Arabia stops increasing crude oil production, world oil prices will definitely rise," said an aide.
As soon as he finished speaking, Xiuen interrupted him: "That is absolutely impossible. How much effort did the guys from Bae take to pass the arms sales project to Saudi Arabia. If we use this pressure, Saudi Arabia will voluntarily give up this contract and turn to other products, such as the fighter jets produced by Iraq themselves!"
The Fierce Wind Fighter is a swept-wing fighter jointly developed by the United Kingdom, Germany and Italy. In addition to the equipment of the three R&D countries, the export was bleak and only sold to Saudi Arabia. If this pressure was used to mess up the contract, it would definitely not be what they wanted to see.
Is the powerful Britain not able to solve this crisis? Looking at his staff, Mrs. Thatcher was very upset.
{Piaotianwen Thank you for your support, your support is our greatest motivation}
Chapter completed!