Wednesday, May 03, 2006

BOLIVIA, OIL AND GOLD

Not unexpectedly, the Bolivian government has seized the production facilities of the various gas and oil producers within their borders. The companies have 180 days to accept new terms or be evicted from Bolivia. In a continued socializing of natural resources in South America, higher oil prices are causing governments across the world to eye profit rich oil companies with envy.


( Full story here )

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