475 Chapter 471 Passive Oil Export

In particular, defensive units can be built on it. When Li Lan saw the description of this unit, the joy on his face bloomed.Even good things like Guangling Tower can be built. For him, this is a good way to expand the defensive circle.

There is also a problem here, because the offshore oil production platform is a civilian facility. As long as there are no weapons facilities on it, other countries will generally not take the initiative to attack such buildings.But once there are radars and weapons on them, they will be regarded as armed strongholds. Once a war breaks out, these platforms will become the first targets of attack.

Once military facilities are installed and the oil production platform is located in the Gulf of Aden, Li Lan will face a lot of international pressure, and most countries in the world will oppose it.After all, the exclusive economic zone is not a territory, and normal economic operations can be carried out, but it is not possible to establish a fixed military base on an international waterway outside the territory.

However, Li Lan already had a way to deal with it, regardless of whether there were weapons on it, as long as others didn't know it.In this way, unexpected results can be achieved during wartime.

As for which defensive unit to build after the platform is completed, he already has a preliminary plan in mind.

After clicking to confirm the construction, Li Lan did not stop and converted the control panel to another sub-base. He also clicked on the offshore technology drilling and production platform to continue to confirm the construction.

After five days, there will be two drilling platforms on the Gulf of Aden for drilling operations. Once the wells are drilled, the oil will flow into the underground storage warehouses of the refinery as soon as the oil production platforms are on.

And starting from the next stage, he also plans to start selling oil.Previously because of insufficient strength.Once blocked, if there is a shortage of oil, you will be passive.Therefore, he can save all the oil first, so that he has a certain reserve, as much as possible to ensure that it is complete, and then sell the oil.

Now, the time to sell oil has arrived. Somalia’s oil reserves currently exceed 100 million tons, which can fully meet its long-term needs.

Previously, because it had agreed to the United States.Somalia's oil will be settled in U.S. dollars in the future. As for not using the US trading platform, there is no mandatory requirement for this.

but.The use of U.S. dollars alone has made Somalia's oil sales very passive.

Fortunately, there is Zhang Liangji in the United States, and Li Lan has a wall ladder.Since he had agreed to this condition in the United States.Naturally, there are means to cope.

The dollar is linked to oil.Under the consensus of the world, the U.S. Treasury Department can buy oil by turning on the money printing machine. This is a privilege that no other country can have. The U.S. trades the real dollar by exporting the virtual symbol of the dollar. The injection of oil resources.Any other country in the world must use tangible goods and services in exchange for dollars from the United States, and then buy essential oil for development.

These petrodollars were eventually turned into U.S. stocks, treasury bonds, and financial assets in return, and it also filled the U.S. trade and fiscal deficits.Supporting the US economy.But while petrodollars have achieved American financial hegemony, they have also brought endless troubles and risks to the world.It is even a disaster to some extent.Because only when the petro-dollar structure is challenged, can we discover from the US response how much the United States attaches importance to the petro-dollar pricing mechanism.

Oil production originated in the United States. At the beginning, it was priced in U.S. dollars. More than 150 years ago, after the successful development of the Drake well in Pennsylvania, it was priced in U.S. dollars. The petroleum industry was the first and strongest to develop. Of course, there are seven sisters in industrial technology. At the beginning, five of the seven sisters were from the United States. They extracted oil from all over the world and sold it all over the world.

Although the world’s oil industry originated in the United States, the currency used for oil transactions was not initially monopolized by the US dollar. During World War II, the United Kingdom used the British pound to crowd out American oil companies, and countries in the British pound zone once united to raise the pound. The settlement ratio suppresses the US dollar.With the end of World War II, the pound depreciated severely and eventually lost to the U.S. dollar and lost settlement territory.

At that time, the earliest currency system in the world was based on the British pound. In fact, the British pound was no longer the largest economy after World War I. However, the pound was still used as a global denominated currency and a major main currency.By the end of World War II, the United Kingdom did a lot of work. It did not want to become a main currency, because the main currency exchange rate with you is aimed at you. If you want to depreciate, you can't depreciate it, and everyone is tied to you.Therefore, it completed the delivery of this thing after World War II, and made the US dollar the global currency.From then on, basically the world’s largest transactions of this kind and commodities are priced in U.S. dollars.

After Saudi Arabia's oil was bound to the U.S. dollar, when Saudi Arabia woke up, there was a period of time to get rid of the dollar settlement situation, but in the end Deputy Ross visited Saudi Arabia with the purpose of consolidating the US's position in Saudi Arabia.Now Saudi Arabia no longer talks about changing the currency that settles oil.

There are only three countries that dare to openly challenge the petro-dollar pricing mechanism. The first country is Iraq in the Saddam era.During Saddam’s administration, Iraq changed its oil sales to euros in November 2000. Saddam’s move had important political implications and also supported the weak euro at that time.

Many people firmly believe that the United States later launched the Iraq war, to a large extent, because Iraq changed the settlement currency of oil exports from the US dollar to the euro.The deep-seated purpose of the U.S. war was to combat the euro and maintain petrodollars.

The first purpose is to say that I want to warn you other oil-producing countries and send a signal that if you continue to follow his path, it will be his fate.If you want to abandon our dollars, I can use military means to overthrow you, that's all.Another is that of course he wants to occupy Iraq’s oil resources.

The second country that dared to openly challenge the status of petrodollars is Iran, which has claimed as early as 1999.Prepare to adopt the oil euro pricing mechanism.In March 2006, Iran established an oil exchange with the euro as its trading and pricing currency, because of Iraq’s lessons learned.Many people are also worried that the United States will start a war in Iran.

The issue of Iran’s nuclear weapons is actually a cover, because Iran is Saddam’s successor to Iraq, and the most active advocate is to use the euro. Now he has announced all his oil sales.He settled in Euros, which is intolerable to the United States.

And the third country is Venezuela, under the leadership of Chavez.Venezuela has established a barter trade mechanism with 12 Latin American countries with oil.Relations between the United States and Venezuela are sharply strained.Internationally, the United States does not hesitate to use various means to insist that oil is settled in US dollars. At home, the relationship between the US government and oil companies is even more inseparable.

The Bush Jr. administration was actually a government of oil capitalists.The first thing after he took office.An American energy policy was formulated, led by the vice president. This policy itself is an expression of the wishes of the oil industry, oil capitalists and oil giants.The core content is to go abroad to grab oil resources and organize a team to draw a very detailed map of Iraq’s oil, which divides the western part of Iraq’s oil into several pieces.There is an estimate of the output of each piece, because the west is not cultivated.It's estimated how much it is, and it's all painted in blocks, one by one, just like cutting meat, making it very clear.

In the international arena, many people have also criticized the United States for doing so, saying that the current oil trade has consolidated the status of the US dollar as an international currency, which has forced other countries to support the US economy because oil importing countries are forced to buy US dollars. To pay for oil, and oil exporting countries are sitting on a large amount of dollar reserves and have to get the United States to invest.As soon as the U.S. dollar depreciated, almost all countries in the world would suffer.In recent years, the continued weakness of the US dollar has become a historical trend.

Now it seems that the nightmare of the United States is really coming. A new currency may replace the US dollar. Is the US dollar really going to be completely abandoned?If this happens, it will completely shake the U.S. dollar's settlement status in the global oil trade.This in turn will lead to a further depreciation of the U.S. dollar and a faster withdrawal of international capital from the United States.The dollar’s ​​financial dominance will be completely destroyed. In the face of this reality, will the United States stand by?

However, Iran began to settle most of its crude oil exports in non-US dollars a few years ago, and even established an oil exchange, but the actual price of Iranian oil is still set in US dollars.It is because of the convenience, because no economy is so big, such as the European Community and the Euro, which are not that big, and the liquidity may be relatively good, and the yen is even more useless. It has no liquidity. So good, you say Australian currency is good, why not use Australian currency, Australian currency is too small, Canadian dollar is too small, and the Chinese dollar cannot be exchanged. What should I do?Still use the US dollar approach.

To replace the U.S. dollar with another currency, Li Lan never had this idea.Because no matter which currency is used, there are many situations involved. For example, the euro area is very convenient, the euro area is very large, and its trade accounts for a large proportion. The euro can be used for settlement with China, but the euro area Other countries, such as African countries, have to use the US dollar, and the currency of African countries will not be accepted by China.From a global perspective, it is still necessary to use US dollars because of its high liquidity, easy operation, and easy change. If you don't want to use it, you still have to use it, because the world uses the same symbol for pricing and there is no way to escape.

But the Somali shilling is different. It can be exchanged with many African currencies, as well as with China, while the Chinese yuan can be exchanged with the euro.And Li Lan can completely sell oil-settled U.S. dollars, instead of investing in U.S. dollar products, but in other currency products, such as Chinese currency products. In this way, he can temporarily avoid the need to settle in U.S. dollars. All kinds of embarrassment.

Of course, this approach is not long-term.He also considered the difficulties he faced after accepting this request from the United States.It was just that when he considered that Iran's oil exports would also follow the US dollar oil price standard, he agreed to the United States.

At that time, he also considered that two-thirds of the current world trade is denominated in U.S. dollars, and two-thirds of central bank reserves of various countries are also in the form of the United States. Therefore, if the U.S. dollar standard is abandoned, other countries in the world will suffer heavy losses.The most deadly point is that the foreign exchange reserves of various countries will shrink significantly.It was China that suffered the most.

Therefore, there is no need to rush to change this situation.

According to Li Lan's prediction, it may become a multi-currency state in the end. The Chinese yuan, the euro, the US dollar, and the yen may also play a certain role.The U.S. dollar's dominance is weakening, but it does not mean that it will be replaced by someone immediately, because the second and third child can't replace it at all, and the fourth Chinese Yuan hasn't grown up yet.

It is because of many considerations that Li Lan will so simply agree to the United States.The so-called countermeasures, apart from buying the income of the dollar to buy products in another currency, the rest is to look at the evolution of time and how long the dollar can support.