You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #8: Self evident answers! [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
Tinoire Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-20-03 01:03 AM
Response to Reply #1
8. Self evident answers!
Sao Tome and Principle - two tiny islands off the coast of West Africa populated by 160,000 people - could be sitting on up to four billion barrels of crude oil.

<snip>

Sao Tome was an important "alternative source of oil outside the politically volatile Middle East," he told Mr Bush, reminding him that his country "is strategically situated on the most important petroleum area in the world today."

A Texas company Environmental Remediation Holding Corp has had rights to two offshore fields in the country's territorial waters since 1997.

There is excitement about the creation by Sao Tome and Nigeria of a Joint Development Zone (JDZ) - covering an area slightly smaller than Belgium - which officials say could produce 250,000 barrels of oil a day within five years.

<snip>

But if oil starts flowing the country's fortunes could vastly improve; each citizen could be worth $1m, according to one estimate.

http://news.bbc.co.uk/1/hi/world/africa/3070813.stm

BUSH! RAPING AND PILLAGING THE THIRD WORLD!
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC