All ten were, in various degrees, suppliers of oil to the United States and had one common interest: to see that the price of those supplies did not drop. The last thing they ah* wanted to see was an oil-value depreciation.

Benson, whose holiday home this was and who was nominally hosting the meeting, opened the discussion.

«Gentlemen, does anyone have any objections if I bring a third party—that is, a man who represents neither ourselves nor Lord Worth—into this meeting?»

Practically everyone had, and there were some moments of bedlamic confusion: they had not only objections but very strong ones at that.

Borosoff, the Russian, said: «No, It is too dangerous.» He glanced around the group with calculated suspiciousness. «There are already too many of us privy to these discussions.»

Benson, who had not become head of one of Europe's biggest oil companies, a British-based one, just because someone had handed him the job as a birthday present, could be disconcertingly blunt.

«You, Borosoff, are the one with the slenderest claims to be present at this meeting. You might well bear that in mind. Name your suspect.» Borosoff remained silent. «Remember, gentlemen, the objective of this meeting—to maintain, at least, the present oil-price levels. The OPEC is now actively considering hiking the oil prices. .That doesn't hurt us much here hi the U.S.— we'll just hike our own prices and pass them on to the public.»

Patinos said: «You're every bit as unscrupulous and ruthless as you claim us to be.»

«Realism is not the same as rathlessness. Nobody's going to hike anything while North Hudson is around. They are already undercutting us, the majors. A slight pinch, but we feel it. If we raise our prices more and his remain steady, the slight pinch is going to increase. And if he gets some more TLPs into operation, then the pinch will begin to hurt. It will also hurt the OPEC, for the demand for your products will undoubtedly fall off.



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