ALL HANDS ON OIL – By Verian Mentis-Barker


Gyana,oil, Exxon, Hess,CNOOC China, Lisa , Stabroek

When the International Financial News Organs mention the Liza 1 and 2 and the Stabroek oil wells found in the waters of its off-shore, it’s always with Guyana as the subtext.

Just look at the swagger in these headlines of Forbes Financial Magazine, June 30th 2016, in article by Christopher Helman “With Second Big Oil Discovery, Exxon Puts Guyana On The Map”…yeah, putting Guyana on the map…as Economist Magazine  ‘Gusher in Guyana’, article of June 29th 2017 tops it off with sub heading ‘It will take better politicians to resist the corrosive power of petrodollars’

Just for the record….if there is any noble propensity here, it is certainly tempered by a reputation of avarice and narcissism and this is what makes these magnates mount their horses of hubris and ride in to town…not because they are overtaken by any zealous munificence and definitely not because they want to make  Guyana its benefactor… but because they are driven to multiply their riches by oil.  

First off, their mental image of the leader of Guyana -of any third world country for that matter- comes pre-packaged. For them he’s a meretricious caricature of leadership, achieves spectacularly little, an unrepentant dictator who constantly revises the laws to ensure longevity of rule, – as he sips quality champagne from a diamond glass on the tax payer’s dollar…maybe on a private 747 – just to add to the visual.

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  • Clyde Duncan  On August 5, 2017 at 12:47 am

    Reportedly, in their unworldly joy, the locals spent their money only as they knew how. One took a BATH IN BEER, another left his mud hut and checked in to a four-star hotel in Ndjamena for several weeks, others took several more wives.

    ….. the focus [and hilarity] was on those who did the less enterprising things.

    Aren’t these the same stories we hear about pork-knockers in B.G. to this day???

    We’re not saying that this will happen in Guyana [again] but Exxon, Halliburton, Hess, and China’s CNOOC are quite dexterous in these activities and have stood across from various Prosecutors in defense of these activities enough times to be considered pros.

    I’m sure Guyanese have learnt a thing or two in time and will manage …

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