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America 1919-Chapter 460 - 178. Oil Transportation Pipeline (Ten-thousand-word Mega Chapter, for Repayment~)_3
As for that ABC in history, it had not yet been established.
In fact, the ABC in American history was also a product of anti-trust actions. In 1941, U.S. law mandated that broadcast companies could not own both the Red Broadcasting Network and the Blue Broadcasting Network at the same time, and the largest broadcast company in the United States at the time, NBC, had no choice but to sell part of its business, including the Blue Broadcasting Network. The NBC Blue Network was then acquired by Edward Nobel, a candy tycoon at the time, which then became ABC!
The so-called Red Broadcasting Network and Blue Broadcasting Network were actually NBC’s own terms, representing two different broadcast networks, the Red Network focused on entertainment programs, while the Blue Network emphasized political news reporting.
The development of NBC was actually something Donnie needed to reference. When Harding had passed away, and Franklin Roosevelt took office, he would inevitably be subject to an anti-trust investigation by the U.S. Government.
Meanwhile, during this period, Pandora Oil Company had finally completed the reconstruction of the small oil wells surrounding the three major oil fields and officially began production.
However, this also presented a new problem for Pandora Oil Company, which was the issue of oil transportation. Before this, Donnie’s Pandora Oil Company had mostly needed to use trucks to transport oil, but this only worked for small batches. The real bulk transport still required railroads and oil pipelines.
Now, a new problem lay before Donnie.
After the four major oil companies contracted the three major oil fields, although this was done illegally with Albert Furr exploiting his power to award the contracts, there were conditions involved.
1. The contracted oil fields must guarantee a 50% oil supply to designated military supply companies; 2. Required construction of a 2,400-kilometer oil pipeline network as per design specifications; 3. Development of relevant oil storage facilities.
Though these three conditions were somewhat harsh, they were also the reason why the four major oil companies dared to illegally contract these oil fields—we did make a payment after all!
Building an oil pipeline would normally be a great thing for an oil field, resolving the issue of oil transport.
But capitalists are always greedy, and after discussions, the four major oil companies concluded that it would be more cost-effective to use roads, railroads, and the Rockefeller Family’s oil pipelines, instead of constructing their own oil transport pipelines.
So until now, this supposedly 2,400-kilometer oil pipeline network hasn’t even started construction!
The four oil companies may not be concerned, but now Donnie was facing a problem.
Because Donnie’s Pandora Oil Company consisted of small oil wells around the three major oil fields, this led to Donnie’s supply being scattered. Furthermore, there was no real connection between Donnie and the Rockefeller Family, so borrowing their oil transport pipeline was not an easy task.
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To smoothly solve this problem, Donnie invited over Eduardo Doherty from Pan-American Petroleum, James O’Neal from Pure Oil, Robert Stewart from Indiana Standard Oil, and the new president of Sinclair Oil Corporation, Raze Madison.
When the four met in Atlantic City nearly two months later, there was no awkwardness to display. Everyone, like old friends, conversed and exchanged pleasantries.
Donnie brought them to the Surf Hotel, which was entering the final stages of its decoration.
The towering Surf Hotel stood out from the rest in Atlantic City.
"Donnie, once this officially opens, I’m afraid all of America’s wealthy will take over the whole Atlantic City!"
Robert Stewart looked at the Surf Hotel with some envy. Once it began operation, it would become America’s largest gold depository, and as manager of the Surf Hotel, Donnie would gather the most wealth in the shortest amount of time.
Donnie smiled and said, "I have reserved permanent suites here for the four of you. Whenever you come over, you will receive the grandest reception in Atlantic City!"
James O’Neal asked Donnie curiously, "Donnie, I heard there will also be a Golden Hall here. Are these Golden Halls private rooms prepared exclusively for the wealthy?"
Donnie shook his head, "The Golden Hall has been contracted to some of the former casino owners of Atlantic City. After the Surf Hotel officially opens, other than the Surf Hotel itself, you will not see any other casinos in Atlantic City. So, to give the former anxious casino owners a good opportunity for development, the Surf Hotel has set up the Golden Hall.
As for the private rooms you mentioned, James, we have them here as well, but we call them Diamond Hall. To enter the Diamond Hall, one needs asset verification, identity verification, and only truly influential figures are qualified to enter!"
After hearing this, Eduardo Doherty couldn’t help but inwardly admire Donnie for thoroughly understanding the psychology of the wealthy.
What do the rich care about the most when they are indulging in leisure?
Face, of course!
Making these rich people gamble in the main casino hall alongside blue-collar workers would make them feel like they’re losing face.
But with the Diamond Hall, it’s different.
This 𝓬ontent is taken from freeweɓnovel.cѳm.
Furthermore, given the influence of the Surf Hotel, the positions in the Diamond Hall will definitely become a status symbol among America’s rich, providing them with great psychological satisfaction.
More importantly, this will accumulate more connections for Donnie.