Rebirth of England.

Chapter 907 Efficiency
Seeing the name "John Smith" on the caller ID on his phone, Barron simply rejected the call.

"Let's continue..."

He was on a video call with Daisy, and heard Daisy continue:

"For international crude oil prices, many international investors expect that prices will trend downward. As long as there are no major emergencies, this trend is relatively certain..."

Previously, Barron gave up the cooperation with CNPC to acquire Eni East Africa because the price of oil and gas will drop by more than half in the next few years, and it is still very uneconomical to make this acquisition now.

But in fact, major investment banks such as Goldman Sachs, Vanguard Group and Standard Chartered Merrill Lynch have all anticipated the decline in international crude oil prices. After all, the main reason for this round of oil and gas price decline is the shale oil and gas revolution in the United States.

In fact, American venture capital and private equity investments have been ongoing in technologies related to shale oil and gas exploration.

And with the breakthroughs in this technology in recent years, the scale of these capital investments has also increased, ultimately leading to rapid growth in America's shale oil and gas production - Vanguard Group, as one of the major American capitals, cannot be unaware of this.

根据美利坚按能源信息署（EIA）的统计，2000-2013年，美利坚页岩气年产量由117.96亿立方米上升至3025亿，美利坚页岩气产量占天然气总量从1.7%迅速达到44%。

At the same time, the proportion of conventional natural gas in total natural gas production has continued to decline, and the proportion of natural gas production from conventional gas fields in total natural gas production has dropped from 2000% in 73.3 to 2012% in 43.1.

It can be said that the American shale gas revolution was a revolution beyond the plans of the U.S. Obama administration. Its progress far exceeded the expectations of the U.S. Department of Energy and had a huge strategic impact on the U.S. energy structure.

The widespread application of shale gas horizontal wells and water fracturing technology has not only increased the production of shale oil associated with shale gas, but also rapidly increased the production of shale oil wells.

Since 2013, the United States' shale oil production has reached more than 350 million barrels per day. The shale oil and gas revolution has led to a significant increase in the United States' domestic oil production capacity.

Since 2004, domestic oil production in the United States has increased by 56%, with an additional production of 310 million barrels per day in addition to the normal production of traditional oil fields in the United States.

The use of natural gas as a power source for vehicles and ships in the United States is beginning to increase rapidly, and an irreversible energy structural transformation is taking shape. In addition, the American shale oil and gas revolution has had a profound impact on the global oil and gas supply and demand structure.

From this time on, the United States replaced Saudi Arabia and became the world's largest oil producer!
“So it is impossible to attack the Vanguard Group through oil and gas price-related futures. They are even shorting oil and gas prices to a certain extent…”

Daisy concluded:
"But it is still possible to target Vanguard in terms of international gold prices, because they own a number of gold trust ETFs, which have previously made good profits from the rise in gold prices. According to our testing data, the scale of these gold trust ETFs has decreased, but the degree of decrease is not too large."

“What about other investment banks’ gold-related funds?”

After hearing Barron's question, Daisy confirmed the data on several documents and said to him:

“Wall Street capital such as Goldman Sachs and JPMorgan Chase has always been more flexible in this regard, and the scale of BlackRock’s gold trust ETF is also being reduced…”

In addition to expelling Vanguard's influence from Sinclair Group, Barron is also prepared to teach the other party a lesson - but the extent of this lesson must be controlled.

The struggle between these big capitals will be continuous. It is impossible for it to be like a fight between small gangsters where the winner must be determined in one go.

Moreover, the so-called killing one thousand enemies and losing eight hundred of your own also requires considering whether other capitals will take the opportunity to cause trouble. This is actually somewhat similar to the competition between countries. If you are too aggressive, everyone will be wary - but if you fight back moderately, everyone will be able to accept it.

As for if you choose to give the leading group a blow on the international gold price, you also have to consider whether it will hurt other people by mistake - if you make money by predicting correctly, others can't say anything, but if you "sit in the market" yourself and influence the price by stirring up the situation, then the capital that is damaged will inevitably have resentment.

Therefore, we need to consider what field to work in and to what extent we will eventually achieve it. …

"If you are still pleading for John, then I can only say sorry..."

Barron did not answer John Smith's call. After ending the video call with Daisy, he saw that the incoming call on his phone was from Jenny...

After the call was connected, Barron spoke directly.

"I'm very sad when you say that, Barron, although I didn't intend to beg for mercy at first..."

Jenny said on the phone:
"I know. This time is different from the last time. He... is really too confused. Or, he shouldn't have been forced to stay in this position in the first place."

Jenny's words surprised Barron a little. Although he knew that this woman always had her own opinions, it was still rare to see these.

"Are you at home now?"

"No, I left home. John's brother and sister came home just now and they had a quarrel. I didn't want to stay there. John's emotions were a little out of control..."

"Should I send someone to pick you up?"

"no need……"

Jenny seemed to hesitate for a moment, and said to Barron:
"I'm going to stay at my home in New York for a while. I was planning to tell John, but his current situation doesn't make it the right time. Barron, I'm pregnant..."

Barron didn't expect that it would happen so soon...

Yes, when Jenny was with him before, she didn’t take any measures, but she was able to be so “efficient”. Could it be that she was really better at it?

"What are you going to do?"

"I want to keep him..."

It seemed that she had made up her mind. Barron heard Jenny say:
"I'll talk to John later, but I will keep this child. It has nothing to do with you, Barron. I will raise him myself."

"How could it have nothing to do with me? Never mind. Just know that if you have any problem, just contact me and I will help you solve it."

Until Jenny hung up the phone, she didn't mention anything about John again. It seemed that she really didn't intend to get involved in this matter again.

Barron looked at John Smith's missed calls in the call log and called back. After a few rings, no one answered.

He shook his head and hung up the phone.

(End of this chapter)