Word: caspian
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Dates: during 2000-2009
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These days there are other wildcatters running tiny public companies investing in places like Peru and the Caspian Sea, but no one else is negotiating with sovereign governments for million-acre leases on Van Dyke's scale. On a trip to Libreville, Gabon Van Dyke shook hands with President Omar Bongo, in power since 1967 and one of the most entrenched rulers in the world. Van Dyke has signed similar leases for the right to look for oil with the leaders of Morocco, the Ivory Coast, Equatorial Guinea, Ghana and Madagascar...
...make a great big sale, probably to the Chinese, the Indians, going to keep about a 15% interest." A deal like that could make him a billionaire and, of course, set him up for the next big play. "We're looking at the Black Sea, Russia, maybe the Caspian Sea area. We're getting into tar sands--getting into that in a big way," he says. "That's what the next generation of wildcatting will be doing." Van Dyke plans to be there...
...messengers or bike taxis; hordes of them idle sullenly on their bikes near Tehran's grand bazaar. With this sort of work, it will take them an epoch to raise enough money to get married. The basij might give them a small stipend and help cover holidays at the Caspian Sea, but it cannot buy them an apartment or sustain a life. Embarrassed by their unpolished answers to a reporter's questions, they call the better-educated Rahimi from the mosque to speak for them...
...dress regulations, particularly for women. All women, Iranians and foreigners alike, have to dress in Islamic fashion, which means either a dark, tentlike chador, or at least a long smock over a modest dress or trousers, with the head covered by a scarf. Even at holiday resorts on the Caspian Sea, where women once swam in bikinis, the rules are rigidly applied, and women are required to cover themselves from head to toe while swimming...
...others argue that market forces can be harnessed in the cause of conservation. The theory is that development of a U.S. aquaculture market will take pressure off the endangered Caspian resource by increasing the supply. Zaslavsky says that there are ongoing efforts to preserve the Caspian stock and that farming will help. He says many of the fish in the Caspian are artificially reproduced. "Aquafarming is the future," he says. "We can't avoid it." --With reporting by Kathie Klarreich/Pierson