America 1919-Chapter 676

Chapter 676: 233, Baku Oil Field_2 Chapter 676: 233, Baku Oil Field_2 Donnie nodded, “I do believe that, your premonitions are always so accurate.”

Albert Furr said happily, “Right, great minds think alike.”

Then, Albert Furr lost…

“Don’t worry about it, the win or loss at this moment doesn’t mean much!” Donnie said nonchalantly as he patted Albert’s shoulder, then glanced at the meager amount of chips in front of Albert, turned to Winston Marl, and said, “Take $100,000 worth of chips from my credit line, and prepare them for Albert.

As hosts, we should ensure our esteemed guests enjoy their time in Atlantic City!”

As the manager of the Surf Hotel, Donnie was in charge of all the hotel’s cash.

However, to ensure the healthy operation of the company, Donnie also had his credit limit at the Surf Hotel.

Albert was startled for a moment before he too stood up with his chips and said with a laugh, “I’m done playing; I’ve almost forgotten that it’s time to go back today.”

Donnie said, “There’s no need to rush; Washington always has to give you a few days rest!”

Albert waved his hand, “No more games, I’ve indeed been a bit lazy these past few days!”

Donnie did not insist anymore, and he and Albert left the Diamond Hall together.

“Donnie, when I get back to Washington, someone will send a check to the hotel, and we’ll call it even for my credit line,” Albert said with a smile.

Donnie waved his hand with a displeased expression, “Albert, by saying that, you’re not treating me like a friend.

...

I’ve already taken care of your credit line; whenever you feel like playing again, you’re always welcome!”

Albert was slightly stunned, as Donnie’s actions had first made him think that Donnie was reminding him of something, but now Donnie’s behavior made him puzzled about Donnie’s intentions.

“Albert, I know the thing we talked about earlier is a bit troublesome, but no matter whether it succeeds or not, we’re still friends, aren’t we?

Does our friendship have to consider these matters?”

Donnie said with a smile.

Although Albert Furr was to be dealt with within a year, for now he was still a member of the Cabinet, and Donnie needed to use Albert to establish an image of himself at the White House.

Sure enough, when Albert heard Donnie speak this way, he immediately smiled and said, “Well then, if I were to say anything more, it would be an insult to our friendship!”

After a moment of thought, Albert continued to speak to Donnie, “Donnie, I don’t know if you have time, but maybe you’ll be interested in what I have to say next!”

Donnie beamed, “Then let’s go to my office and have a proper chat!”

“Of course!”

In Donnie’s office, Donnie spent $500,000 for a piece of information.

After the war, a trend of “domestic oil resource depletion” suddenly emerged in the United States, with official geological institutions and scholars alike predicting that the United States would completely run out of oil within 30 years at the current rate of exploitation.

This trend prompted American capitalists to plan their exit strategies, but at the time the United Kingdom still dominated the global stage, and American capitalists’ attempts to gain access to foreign oil markets were essentially competing with the UK.

Even so, driven by immense profits, domestic capital in the United States took action.

Just last year, Standard Oil planned to test the waters and seize Middle Eastern resources.

They met secretly with the King of Iran and swiftly reached an agreement, the main points of which were: 1.

A barren tract of land in northern Iran to be exploited by Standard Oil; 2.

10% of the oil profits to be paid to the Iranian government; 3.

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Standard Oil to help Iran secure loans.

At the time, Iran also wanted to break free from British and Soviet control over its country, so it agreed to Standard Oil’s demands.

However, just when everything was ready, the plan was immediately opposed by the United Kingdom and Soviet Russia.

The Soviets accused the Iranian government of arbitrarily trampling on the recently signed “Soviet-Iranian Friendship Treaty,” stating that Iran had no rights to transfer the concession rights they had relinquished, plainly speaking, to their arch-enemy, the United States.

The United Kingdom argued that the Anglo-Iranian Oil Company had already purchased the “Husseitariya concession” in 1920 and that Iran’s decision infringed on the company’s rights.

Moreover, British Petroleum also threatened to deny American companies the use of the southern oil transportation facilities they controlled to export oil in the future.

Pressured by the British and Soviets, Standard Oil and Anglo-Iranian Oil Company reached an agreement in February this year to share the oil concession rights in northern Iran.

The Iranian government initially wanted to weaken British control over Iran.

The action of Standard Oil made the Iranian government feel they had been sold out, and in anger, they annulled the agreement with Standard Oil.

This event dealt a heavy blow to the ambitions of American oil magnates to expand their presence in the Middle Eastern oil fields.

But this did not actually stop these individuals from thinking about expansion.

After World War I, the world’s oil resources were essentially carved up, with only one area of confirmed reserves remaining—Baku Oil Field.

As oil’s strategic importance grew, federal spies within the Soviet Union had already learned that as the Russian Federation was about to establish military alliances with other countries, they would soon start exploiting Baku Oil Field after completing a series of integrations!

“Based on the information we’ve received, the Soviet Union believes their technology is not fully up to the task of exploiting Baku Oil Field, so they are looking to bring in foreign capital.

I believe this news will quickly spread among certain groups within the country!”