"Is that?" asked Scott with a few sarcastic comments: "So what achievements and progress have you achieved? Is it a battery as big as a car? Or is it an eight-ton water decompressor? Or a car that needs to be charged continuously for 24 hours to travel 50 kilometers?"

Tang En's face turned redder. What the President said was the new energy use achievements just made by the Energy Institute recently. Although it is not perfect in practicality, it is the first step toward the practicalization of new energy!

(This book was first published at Qidian)

"Now our oil supply can only rely entirely on the Middle East." Ignoring the embarrassment of the Energy Minister, Scott continued his angry speech: "God knows how high the damn Arabs want to raise the price of oil to. Our economy, which has just improved a little, has been completely suppressed. Every gas station in China is causing the oil shortage. Although God caused this energy crisis, people will not scold God. They will only scold me and the president. They only know that their cars cannot drive without oil because of me, the president. In order to calm their anger and to save the economy of the country that is about to collapse, I must get oil. But I am not God, and I cannot create something beyond my ability. So, Tang, your news is really disappointing me."

No one speaks, everyone is thinking about their own thoughts at the bottom.

After a long time, Scott sighed and waved his hand in the hard chair to the silent listeners in front of him, signaling him to go out.

Ton Dortz walked silently at the end of everyone, a huge sense of loss and powerlessness permeated his whole body. For the first time, he had questions about the career he was engaged in and was worried about the current crisis in the country.

Just as he was about to walk out of the room, a low voice from the president's seat called him.

"Ton, we don't have much time. If we can't come up with any way to use new energy before all oil reserves dry up, then the United States will be over."

Faced with the huge domestic gasoline consumer market and rising international oil prices, the US government had to decide at the emergency countermeasures meeting on June 2: Open all domestically stored oil wells and fill the huge energy gap with domestically produced oil. Further strengthen strategic oil reserves to reach an eight-month stock.

The United States is the world's largest oil importer and largest grain exporter. Amid the changes in the price of wheat and oil trading, the United States pays tuition fees to increase gasoline prices. In addition, the 10% change in grain and oil trade is also the root cause of the US trade deficit reaching a historical high. As a result, the United States has high foreign debt and its domestic economy is sluggish.

(This book was first published at Qidian)

The changes between wheat prices and oil prices were very large, and the changes continued. From 1950 to 1973, wheat and oil prices were very stable. Over the span of 23 years, a bushel of wheat was able to exchange a barrel of oil in the international market, but by the beginning of 1986, an average of five bushels of wheat could buy a barrel of oil.

The sudden rise in market demand for oil has led to the biggest change in wealth formed in history. Oil exporters (Saudi, Kuwait and Iran) have begun to make a fortune, while the wallets of many oil importers have been hollowed out. The policies of the big oil companies and oil exporters will determine the time when the peak of oil production will come. If the big oil companies and oil exporters decide to reduce production and keep inventory low, so as to prolong the life of the oil field, the United States is the world's largest oil importer and consumer, and it consumes 25% of the world's oil every year.

In the face of oil, the United States is fragile.

The United States originally contained relatively rich oil resources, but because the United States used oil uncontrollably during the post-war cheap energy period, the gap in oil supply and demand in the United States increased, so that the country became an oil importer as early as the 1970s. At that time, given the relatively stable Middle East region, the Middle East became the main source of US oil imports. The two oil crises in the 1970s were a serious blow to the United States. In order to reduce the passive situation of oil being overly dependent on the Middle East, the United States formulated a strategy for diversification of oil sources in the early 1980s.

The most important one is to close all domestic oil wells and purchase all the oil required from abroad.

Protecting domestic oil resources will never be adopted unless it is absolutely necessary. This is a basic national policy for Americans over the years.

Now, it's time to enable these buried underground reserves.

Buying all possible oil is a task that the White House has given to all American diplomats.

The Middle East, Russia, Africa... All the oil exporters in the world were busy with Americans for a time.

No, not only the United States, but also diplomatic envoys from major oil importing countries such as Japan, China, South Korea, and India are all active in these countries.

The purpose is very simple, it is oil.

Japan has no oil.

No country on earth does not need oil.

All Japan's annual oil demand depends on imports to meet.

Unlike the United States, due to the lack of resources in Japan, the country's oil has almost mainly relied on foreign imports. The Gulf region accounts for nearly 90% of Japan's oil imports. During the two oil crises in 1973 and 1979, Japan reduced its oil imports from abroad by adopting energy-saving technologies. However, the good times did not last long. Since the 1990s, Japan's oil imports from abroad, especially the Gulf region, showed an upward trend. In 1995 alone, Japan's total oil imports reached 250 million tons, and its dependence on the Gulf region was as high as 87.1%. Although Japan has been promoting energy conservation and seeking alternative energy, more than 50% of the country's total energy demand still relies on Shi.

Oil import. Given that Japan's oil mainly comes from Gulf countries, Japan's energy structure is very fragile. At the same time, since Japan's oil imports mainly relied on Saudi Arabia in the past, if the Saudi situation changes, Japan's oil supply may be interrupted. When Japan's oil field rights and interests in Saudi Arabia were lost in February 1986, Japan panicked and had to adjust the country's oil import strategy. On the one hand, the focus of oil imports was shifted from Saudi Arabia to Iran; on the other hand, it focused more on oil resources in the eastern region of Russia. But in this way, Japan's adjustment of the source of oil imports due to "energy bottlenecks" will inevitably have a serious collision with the oil demand of other countries, including China.

Japan's average daily crude oil consumption is 4.3 million barrels, of which about 80% comes from the Middle East. Among the few oil fields along Japan's coast, the output accounts for only 0.2% of the national oil supply. However, due to the turbulence in the Middle East and the United States' monopoly on Middle East oil, Japan's influence is weakening and it is difficult to exert substantial influence. Therefore, realizing a multi-channel strategy for oil sources and dispersing the risk of excessive concentration of oil imports has become an important choice for Japan.

Africa is one of the eight largest oil-producing regions in the world, with a daily crude oil output of 8 million barrels. In recent years, due to the application of deep-sea exploration technology and the discovery of new oil fields in the Gulf of Guinea, Africa's proven oil reserves have been increasing, second only to the Middle East and South America.

This is a piece of fat meat that the Japanese are targeting.
Chapter completed!