Word: oiled
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...industry argues that the Pebble Mine can be developed without "serious risk to the environment." Have we forgotten the devastating 1989 oil spill in Prince William Sound? Unless the industry can say "no risk," the mine should be shut down. Reynold Knopf, HOLLISTON, MASS...
MALABO, Equatorial Guinea — This city won’t soon find itself on a postcard or illuminating the pages of an exotic travel guide. In fact, for the capital of an oil-rich nation, Malabo’s lack of even the most basic development is startling...
...struggle to say the least—with only a few hours of functioning electricity and questionable water flowing each day. Though it is true that, like many other central African nations, Equatorial Guinea is struggling with infrastructure development, this country’s government has a wealth of oil-based profits flowing into its coffers that other such nations...
Last month the Human Rights Watch issued a report condemning the Equatorial Guinean government’s lack of transparency with respect to oil revenue. This was an important step towards keeping the average citizen’s struggles in the international eye, but as long as American oil companies remain the largest contributors to Equatorial Guinea’s income, it remains to be seen if any parties involved (especially the U.S.) can move beyond words and agreements towards concrete actions...
...though oil revenue seems to be the key issue to address in Equatorial Guinea, it is really only a corollary to the true problem of weak democratic institutions. If the people of this country truly had the power of a voice through their votes, it would be much easier indeed for them to dictate how oil money should be spent. As such, there should be a strong push on both fronts—oil revenue transparency and building a real democracy—to bring the resources these citizens truly need to them as quickly as possible...