On Demand
Africa's Growing Oil Industry
Wednesday, June 13, 2007
The United States now imports more oil from Africa than from Saudi Arabia. In Untapped, John Ghazvinian examines the growth of Africa’s oil industry and its effect on world politics.
Untapped is available for purchase at amazon.com
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can you compare the experience of African countries (particularly Nigeria) to that of Indonesia under Suharto. It seems that despite the coruption of Suharto, Indonesia's economy grew under his rule -- at least until the Asian currency crisis in the late 1990's.
Longtime world-weary observation:
"Africa and its problems would be on the front page every day -- if only it had oil."
So -- Africa's got oil!
What is the effect, if any, of this development on the attention of world leaders and press?
Where there is a global demand and dependentcy on something, be it oil or drugs, legal or illegal, the exploytation of the earth and the poor unfortunate occupants of that region will always drop to the bottom of the pecking order as expendable. We are all part of a global cycle of corporate greed.
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