1970s monkey race

197

Chapter 197 Shocked the whole United States

Hong Kong Qiming Laboratory is making intensive preparations, and Li Zhenzhen's oil war has finally reaped the fruits of victory.

Just as December began, the Arab countries suddenly announced to the outside world that they decided to unite and establish an Organization of Petroleum Exporting Countries, the abbreviation of which is called OPEC. In fact, as early as more than ten years ago, Arab countries had a similar alliance, but it was very loose and they were not of one mind.

But the situation is different now. The Day of Atonement War in October has made Arab countries extremely angry with the United States. They blame the source of this evil on the United States and even Japan, the United States' lackey. Of course, they are also quite hostile to European countries. In short, Arab brothers seem to have paranoia, thinking that there is no good person in the world, and they must unite to protect themselves.

They discussed secretly for two months, and finally announced a shocking news in December. They were going to raise the price together. From now on, they would decide how much oil to produce each year. If they were not happy, they could even not produce at all. They did this now. Not only did they raise the price of crude oil from the original 5 US dollars per barrel to a high price of 10.651 US dollars, they also decided to reduce oil production next year, and also banned exports to the United States, Europe and Japan!

The Arab brothers were angry, and this anger shocked the Americans. Is it really that angry? As soon as the news came, the whole United States was in a panic. Even the most ignorant Americans knew what this ban meant to them. The United States is a country that relies heavily on oil, and their total industrial output is closely related to oil. Now the world's largest oil production is exported. If they don't sell oil to them, how will their factories operate? Their workers will immediately face unemployment, and without petrochemical products, the entire American society will even come to a standstill.

To give a simple example, Li Zhenzhen uses so many cars every day, so the gasoline is very cheap. The United States itself produces very little oil, and the reason why the oil price is particularly cheap is because it has the oil of Arab countries as a backing. They consume cheap resources from other countries and create a better environment for themselves. However, after the news was announced, when Li Zhenzhen's bodyguards went to refuel, the gasoline cost soared by two times than usual. Some small gas stations simply formed long queues, all of which were Americans who drove to refuel. Later, these small gas stations even ran out of oil, and the bosses behind them did not go to refill. The cost increased so much that they could not keep up.

From this small detail, we can see how much impact the oil price increase has on the United States. Now on TV and newspapers, there are fresh commentary articles and public opinion surveys every day, all about the crusade against the oil problem. Americans hate Arab countries, but they hate the federal government even more. If the federal government had not done anything, they could still live well, but now their living standards have dropped sharply, and a large number of oil-related products have increased in price. Americans can't afford such high consumption.

The American people are very anxious, and the companies that rely on oil are even more anxious. They keep putting pressure on the federal government, and even use their own power, hoping to make the Arab countries relax and not impose an oil embargo on them, but all these are useless. This time the Arab brothers are determined and refuse to relax.

They also found a wonderful result. Since they started to raise prices, the price of selling oil alone has increased a lot more than before, which is equivalent to using less oil than before, but earning more US dollars, and the other countries still have to look at their faces. Haha, is there anything more exciting than this? They have tasted the sweetness, and only regret not raising prices earlier, so of course they are unwilling to relax.