Bulgarian Empire

Vol 5 Chapter 151: , Oil prices have risen

Genius remembers this site address in one second: (Vertex Chinese), the fastest update! No ads!? International crude oil prices have soared, and the logistics industry is the most affected. It was hard to ban the carriage with cars. I thought it would be good It made money, and as a result, because of rising oil prices, costs increased significantly.

Trucks these days are not cheap, moving tens of thousands of levs, or even higher. Such a large cost has been invested in, what else can be done besides gritted teeth?

Want to quit? late!

Originally, the logistics industry had just emerged and it was the golden age. As a result, when oil prices rose, the golden age directly transitioned to the black iron age.

The first to be affected was Belgium. As one of the most developed small industrial countries in Europe, in order to improve efficiency, after the end of World War I, a revolution in the transportation industry broke out in Belgium.

"Luke, ask why the oil price has risen again. In less than three months, the price of diesel has doubled. Isn't this life-threatening?" a middle-aged man said angrily

"Dear Mr. Ham, the fuel company has called today to explain that the international crude oil price has risen and they have to increase the price accordingly.

It is said that this time because of the outbreak of the Mexican Civil War, the local crude oil production was drastically reduced! Luke explained

"Damn it, why are there so many bad things? First, the oil fields in Sumatra were bombed by rebels, and then the oil pipelines in Iraq were damaged. Is it Mexico now?

Contact the fuel company, we want to book 10,000 tons of diesel, and ask them if the price can be discounted! "Ham said with a frown

If you don’t know that someone is manipulating oil prices, he won’t be a Belgian transportation giant.

Knowing that, but he is still powerless, can't expect the Belgian government to intervene in international crude oil prices? Who will buy their bill?

Since the arm can't twist the thigh, it is better to stock up a batch of fuel in advance. Now it is too late to start.

"Okay, Mr. Ham!" Luke replied without hesitation

"Mr. Ham, are we going to increase some freight, according to the current situation, we basically have no profit!"

"Well, good James, you communicate with your customers and explain to them the reason. It is not that we want to raise prices. This is because the price of oil has risen, and we have nothing to do!

The freight is temporarily increased by 35%. If the price of oil continues to rise, then we will also increase the price! "Ham said after thinking about it.

"Okay, Mr. Ham!" James replied

Ham's transportation company is not small in scale. There are more than 100 cars under its umbrella, all of them are gas tigers. If they run up and consume more than a dozen tons of fuel every day, it will accumulate every day, which is not a small number.

Calculated according to the current price of refined oil in Belgium, it costs 321 lev per ton of fuel, and the cost of fuel is 4,000 to 5,000 lev per day.

One month is an expenditure of hundreds of thousands levs, which is the largest cost expenditure in the logistics industry.

The increase in fuel prices has the greatest impact on the logistics industry, not only for automobile transportation, but also for shipping.

In the past few years, oil prices continued to fall. Everyone consciously eliminated steam engines and instead burned coal instead of burning oil.

At this time, the rising oil prices and the transportation industry have been fully affected and are still spreading to all walks of life.

A substantial increase in costs will inevitably cause prices to rise, but now there is an oversupply, and the price of goods will lose their competitiveness, and the high cost of not rising will drag down the enterprise.

Don't expect everyone to raise prices collectively, because at the same time it is useless to raise prices. Consumers have no money in their hands and cannot afford high-priced goods.

If you are a smart person, the best way is to immediately reduce production and cash out as much as possible. This is the biggest drawback of the real industry and is too much affected by the market environment.

Under this circumstance, most people can only support themselves. Everyone is holding a fluke. The price increase is only temporary. When the crude oil returns to normal, everything will be back on track.

It can be said that Ferdinand single-handedly fought this economic crisis, and the hidden dangers have been buried deeply. Now only a fire in the stock market will detonate all of this.

Once the stock market plummets and the banking industry is overwhelmed, it is natural that companies cannot continue to obtain loans from banks. The capital chain is broken, and it is difficult not to go bankrupt.

At this time, the major powers are okay, with profound backgrounds, and the consortium will come out to merge enterprise factories at this time.

These are small problems, no matter who the owners of these companies are, as long as they can survive.

High-quality companies were merged, and inferior companies were eliminated. Relying on the colonial market support, a survival of the fittest was carried out.

This is why, after the outbreak of the economic crisis in the history books, the Germans chose to go to war. The Americans supported the war behind the scenes, while Britain and France, which also suffered from the economic crisis, quickly got rid of the crisis.

"Your Majesty, international crude oil prices continue to rise, and domestic fuel prices have also risen sharply. I am afraid that a new crisis is about to come!" The Chancellor of the Exchequer Kennedy said worriedly.

You know, if you do a full set of drama, even if it is a look, it must be true.

The oil fields in Sumatra were indeed bombed, as evidenced by photos taken by reporters. The oil pipeline in Iraq is indeed broken. Didn't it seem that it is under "maintenance" now?

In short, international crude oil production has fallen by 10%, and oil companies have suffered heavy losses. Therefore, the price of oil has doubled.

"Well, this is inevitable. The current economy is originally abnormal. Now that fuel prices are rising, it can only be regarded as adding a catalyst to it.

The domestic impact should not be too great. As the world's largest fuel exporter, we should be regarded as the profitable party? "Ferdinand asked caringly

"Domestic oil prices have also risen sharply, but our oil prices would have been lower than those abroad, and enterprises still have an advantage in production costs!" Kennedy thought for a while and said

Sure enough, big oil-producing countries are the most suitable for playing industry, and the inherent cost is much lower. If there is such a big advantage and no results can be achieved, then it is really incorrigible.

Regardless of whether Ferdinand wants it or not, the oil industry has become a pillar industry in Bulgaria. In addition to the production of crude oil, the refineries that have been erected one after another have created the glory of the Bulgarian oil industry.

Ferdinand is not a local tyrant in the Middle East. You can just sell crude oil. In fact, Bulgaria prohibits the export of raw materials. Crude oil is no exception. If you want to export, you must first process it.

In this way, the oil industry will not work if it doesn't want to burst. It can be said that as long as Bulgaria does not export fuel for a day, the European economy will have to fight three battles.

"Judging from the actual situation, if the impact is too great, give the transportation industry a tax refund!" Ferdinand thought for a while and said

"Yes, Your Majesty!" Kennedy replied

Anyway, the higher the oil price rises, the more Bulgaria’s fiscal revenue will increase. The issue of curbing oil price increases has never been something that oil-producing countries need to care about~www.wuxiahere.com~ Even if international oil prices have risen to the sky, Bulgaria It is also the biggest beneficiary, which is far greater than the interest of later generations of Americans manipulating oil prices.

If the rise in oil prices can bring down some competitors and hinder the industrial development of various countries, that would be the best.

"Your Majesty, the League of Nations has finally reached an agreement on the debts of the Russians. West Russia will bear 58% of the debts. It is estimated that Nicholas II will be annoyed!" Medev said gleefully.

"Oh, it looks like we have to prepare the money, I am afraid it will not be long before Nicholas II will sell Ukraine!" Ferdinand said with a smile

"Your Majesty, how is this possible? The representatives of West Russia have made a guarantee in the League of Nations that they will never sell the Ukrainian region, otherwise they will not let them pass?" Metiev asked suspiciously

"Fifty-eight percent of the debt, which means that West Russia has to bear at least £1.75 billion in foreign debt. The interest-free loans due this year alone are as high as 120 million. Is their financial income enough to pay?

There are also debts due in the previous two years. Unfortunately, once these interest-free loans are overdue and cannot be repaid, they become interest-bearing loans, and the West Russian government will not even be able to pay the interest.

Even if it is to restore the economy, it is impossible to proceed in the economic crisis, right?

Then there is only bargaining. The economic crisis breaks out and everyone's life is difficult. It is impossible for all countries to make concessions on debts at this time.

If they don't want to be crushed by debt, they must abandon their pawns and keep them handsome!

In the current Western Russian government, credibility is their last pillar, and Nicholas II dare not reckless! "Ferdinand said with a sigh

Seeing that the plan was about to succeed, Ferdinand was not happy at the last moment, but had an unspeakable feeling.

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