Daming Town Haiwang

Chapter 1880, Black Gold
The busy oil town started because of oil.

Pedestrians on the road are in a hurry, busy going to work.

The convoy of Emperor Hongzhi and Liu Jin stopped at an inn in the small town, planning to rest here for a day or two, and visit the oil fields and refineries along the way.

"Liu Jin, you still know how to do business."

"I've heard that the oil is now monopolized by your Daming Petroleum Company."

Emperor Hongzhi looked at the small town in front of him, and said to Liu Jin with a smile.

"Your Majesty, the majority shareholder of this oil company is His Royal Highness the Crown Prince."

Liu Jin was slightly speechless, and quickly reminded.

Oil is too important, and with the continuous promotion and application of internal combustion engines, the role and importance of oil will gradually become more prominent. Liu Jin does not intend to eat alone.

Naturally, the prince was involved in doing business, or he was brought in by the military generals and ministers of the imperial court to do business together, and earn money together. This has always been Liu Jin's principle.

This is also the main reason why many industries under Liu Jin's command can develop smoothly, because today's rich and powerful generals, nobles, ministers, and even the emperor and prince are all on the same boat as Liu Jin.

At the end of the year, when the various commercial firms under his command pay dividends, and when this box, a box of silver, and gold are moved to everyone's home, everyone will support Liu Jin even more.

For example, Tianjin Ocean Trading Co., the earliest firm in Ming Dynasty, is also the largest and most powerful firm in Ming Dynasty. It has its own offices, branches and so on all over the world.

Among other things, the amount of gold and silver tribute from the Aztec Kingdom and the Inca Empire alone is worth tens of millions of taels of silver each year. No ear-to-ear, because there is no need to do anything, just sit and collect money.

There is also the First Bank of Ming Dynasty, now the only bank in Ming Dynasty that can legally issue bank notes and silver coins. It holds the right to print money and mint coins in Daming. There are also branches in Europe, Egypt and other places.

Not only lending to individuals and commercial banks, but also lending to the Spanish Empire, the Egyptian Empire, the Persian Empire, the Ottoman Empire, etc. They are almost global creditors, and the deposits in their hands do not know how many billions they have, which is more than the Ming Dynasty treasury. richer.

All these firms, factories, businesses, colonies, etc., Liu Jin did not eat alone, all of them were in partnership with others.

Emperor Hongzhi and the crown prince were basically the major shareholders, and it was enough to just sit and collect money every year. They had already filled the treasury and treasury of Emperor Hongzhi and crown prince, and accumulated huge wealth.

"Haha, right?"

When Emperor Hongzhi heard this, he immediately smiled.

"Let's go and see how this oil is extracted."

Then Emperor Hongzhi didn't care about who monopolized and controlled the oil anymore. After all, his son Zhu Houzhao was the major shareholder, and if he made money, his son made money.

This is enough.

The current Emperor Hongzhi is not the former Emperor Hongzhi.

In the past, he was fooled by civil officials and felt that the emperor should be diligent and thrifty to set an example for the world, so don't look at him as the emperor, but in fact he is bitter. Shangshu Zhoujing gave wool.

Later, with the development of many industries, Emperor Hongzhi also received more and more silver, and more and more money in his internal funds, and at first it was too much to be used up.

Even though the million-dollar army of the Ming Dynasty was supported, the internal money was still more than enough, and there was still a large amount of surplus, so that Emperor Hongzhi deposited a large amount of money in the First Bank of the Ming Dynasty to earn interest.

Emperor Hongzhi had tasted both the taste of having money and the taste of not having money, so he naturally understood the taste and the importance of money.

He is not like Zhu Houzhao who has experienced his own hardships, so he can make money for Zhu Houzhao.

Liu Jin brought Emperor Hongzhi to an oil field.

The oil field did not stop even in winter, the equipment for oil extraction was constantly turning, and a large number of oil workers were also busy.

The wells are drilled here and there, and the pipelines are connected one by one, and then they are gathered together, and then they are continuously transported to the refinery through the pipelines.

"Is this an oil well?"

Emperor Hongzhi looked at the oil wells and equipment in front of him with great interest.

"Yes, this is the well where the oil is extracted."

"Petroleum is stored underground just like water. Some oil wells themselves have strong pressure, so a pipe can make the oil inside flow out automatically, and through these pipes, it is directly transported to major oil refineries. .”

"The refinery then distills the oil, and through distillation, kerosene, gasoline, diesel and other products that are sold on the market can be obtained."

"The pressure of some oil wells is not enough, we need to use equipment to pump the oil up, or find a way to increase the pressure of the oil well so that it can flow out by itself."

Liu Jin nodded, and began to explain the oil exploitation to Emperor Hongzhi in detail.

"That's it~"

"Come on, come on, open the valve, let me see what this oil looks like?"

Emperor Hongzhi listened carefully and watched carefully, and it became clear after listening.

"Open the valve~"

Liu Jin nodded, and then gave instructions to Zhao Wenjie, the person in charge of the oil field beside him.

"Yes~"

Zhao Wenjie nodded quickly, took out the iron basin and put it underneath, then opened the valve, and black oil poured out continuously, filling a big basin full in a blink of an eye.

"This dark thing is oil?"

Emperor Hongzhi looked at the pitch-black oil in front of him, then smelled the strong pungent smell and said.

"Yes, this is oil."

"Don't look at it as dark now, but after distillation and smelting, it can get kerosene, gasoline, and diesel oil as clear as water. The reason why it is black is mainly because it contains a lot of impurities. Some oil fields in the world There are few oil impurities in it, so it is not black, but as clear and translucent as water."

Liu Jin nodded and replied.

"Oh, so that's what it is."

Emperor Hongzhi understood, thought for a while and asked again: "Now the price of oil has reached 300 yuan a barrel, how many barrels can this oil field produce in a day?"

"With this oilfield now, the daily output can exceed [-] barrels!"

Zhao Wenjie quickly replied.

"10 barrels?"

"That day was 3000 million Wen, which is equivalent to about 3 taels of silver. This year is tens of millions of silver."

Emperor Hongzhi simply calculated, and was immediately shocked by this number.

Just these oil fields in front of them can earn tens of millions of taels of silver this year, which is too profitable.

"Where is this oil, this is black gold!"

Emperor Hongzhi couldn't help sighing.

"In fact, there are not so many. It's just that the oil market is good now, and the demand for oil is large, so the price is high. But when the oil production increases and the market is saturated, the oil price will definitely fall."

"Normally, the price of a barrel of oil should be more than 100 taels. If calculated, this oil field is worth several million taels a year. After labor, transportation, etc. are excluded, the profit is not too high. "

Liu Jin said with a smile.

Oil extraction, of course, is profitable, very profitable.

Those local tyrants in the Middle East in later generations became rich only by relying on oil. Otherwise, in places where the birds don’t shit, let alone getting rich, even eating is a big problem.

Before the discovery of oil, where was the poor clanging.

However, in front of Emperor Hongzhi, it is natural to be modest. Even if it is making money, it is not very profitable.

"Tsk tsk, black gold, you Liu Jin are really good at making money."

Emperor Hongzhi looked at Liu Jin with a look of disbelief. He would settle the account himself. Even though the labor is relatively high, the transportation is more troublesome, and the investment is relatively large, the profit and income are here.

Looking at it this way, after the oil well is installed, there is no need for too much cost. You just need to sit and collect money, but you actually told me that you don’t make money?

Ghosts believe you.

"Ahem~ This major shareholder is not me, but His Royal Highness, and it is His Royal Highness who makes money."

Liu Jin touched his nose and emphasized again.

Daqing Oilfield is now the largest oilfield in Daming, and the key is the largest oilfield closest to the Beijing-Tianjin area of ​​Daming, and the most valuable oilfield.

The oil in the Persian Gulf in the Middle East is still too far away. It is easy to mine now, but transportation is a problem. Before there were no professional oil transportation ships, the transportation of oil was very troublesome and the cost was extremely high.

The Daqing Oilfield is close to the Beijing-Tianjin area, and the transportation is convenient. It can be sold to all parts of the Ming Dynasty, and the output is high. It is indeed a big gold mine in the hands. A steady stream of silver comes with the outflow of oil.

"Haha, you have a share too."

Emperor Hongzhi immediately laughed. This Liu Jin really knows how to do business and makes money well. I have to admire him.

It’s okay to make money, and it can still be made aboveboard, and it can provide a lot of employment and develop new industries and fields. This is the most admirable thing.

(End of this chapter)