Chapter 1455: Chapter 571 Year-End Inventory_3

In just a few short months, Dream Island exported 140 billion barrels of top-quality oil, which is equivalent to 20 billion tons. Normally, the entire world’s annual oil trading volume is only a billion tons. However, due to the rare high quality and low prices of Dream Island’s oil, coupled with the desire to avoid another oil shortage after multiple crises, a large amount of oil was purchased from Dream Island. Even The United States of America, with its abundant oil reserves, had no choice but to cling to Dream Island for oil after Yan Fei destroyed their domestic drilling facilities, forcing them to buy a large amount of oil from Dream Island.

The sale price of Dream Island’s oil is only 30 Dream Coins per barrel, which converts to about 20 US Dollars. Compared to the peak price of 550 US Dollars per barrel, coupled with the substantial depreciation of the US Dollar, the current price of oil is virtually a steal – buying it is like making money. The oil procurement costs of other countries are very high, far exceeding the sale price of oil from Dream Island. This is why Dream Island’s oil is being snapped up frenetically. Even those oil-producing nations have stopped domestic extraction in favor of purchasing oil from Dream Island, because even after transporting it back home, it’s still much cheaper than extracting it domestically.

Faced with Dream Island’s cheap oil prices, all countries have adopted a bargain-hunting mentality, importing large amounts of oil from Dream Island. Even if they can’t use all of this oil right away, they can store it domestically and wait for a shortage when they can sell it for a high profit margin.

With such insane buying power, in the past few months, Dream Island’s income from oil sales reached 42 trillion Dream Coins, which is equivalent to 126 trillion RMB or 280 billion US Dollars. Dream Island’s cost of oil sales is much lower than the production cost of other countries. Additionally, Dream Island does not need to build large oil storage facilities or bear the cost of oil transportation, so the profit margin from oil sales has reached a terrifying 85%. After calculations, Dream Island made a profit of 35.7 trillion Dream Coins from oil sales, which equals 238 billion US Dollars.

Of course, China was not among the countries that purchased this oil. After ample communication with Dream Island and the construction of a Super Nuclear Power Station with Dream Island’s help, China is ready to abandon fossil fuels and commence operating with alternative energies. However, Yan Fei is aware that this oil business cannot last long because everyone has stockpiled a significant amount of oil that should last at least ten years without shortages, meaning oil sales will decline sharply next year.

Besides, Dream Island has other sources of income as well, such as Dream Cargo Company, Dream Airlines, Dream Airport, and revenue from some service industries on the island, profits from Dream Bank, the construction and operation income from the cooperation with China on the Super Nuclear Power Station, research and production of large Airplanes and Self-driving Cars, income from Dream Casino, the Red Light District, house rents, and income from diamond auctions, and so on. However, these revenues pale in comparison to the previously mentioned product sales income, amounting to less than 100 billion Dream Coins, and the profit margins are very low.

Additionally, Dream Island, as Yan Fei’s private territory, has the right to collect taxes on the island. However, the tax rates on Dream Island are already very low, and many of the Enterprises on the island are owned by Yan Fei, so taxation is merely a transaction from his left hand to his right, making little difference. In Lu Pingping’s accounting reports, this part of the income is meager, nearly negligible.

Apart from these revenues, last year Dream Island also received a large sum of money from war reparations. Following the great war with The United States of America, under Dream Island’s coercion, the US paid Dream Island two trillion US Dollars in reparations. However, such war reparations are unpredictable and cannot be considered a long-term source of income.

At the bottom of this financial report, the total income that Dream Island has earned over the past year was unprecedentedly high. In the past year, Dream Island’s total income reached a staggering 238.1 trillion Dream Coins, which is equivalent to 714.3 trillion RMB, or 1587.34 billion US Dollars, an increase of 2500% or 25 times more than last year’s totals. In terms of profit only, Dream Island’s total profit over the past year was 227.529 trillion Dream Coins, which is equivalent to 682.587 trillion RMB or 1510 billion US Dollars.

If Dream Island were considered an independent economy, its scale would be enormously large, deservedly becoming the world’s second-largest economy, just a hair’s breadth away from the leading United States of America, poised to surpass at any moment. However, if we only consider net profit, then Dream Island is undoubtedly the most profitable economy in the world, with its profit exceeding the combined total of all countries and regions worldwide.