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« One Moment in Time | Main | Press Coverage of Election 2012 »

March 20, 2012

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Comments

Peter Goudie

Larry

A great article and much research. Thank you. Very Informative. I really like your last line!!

Peter

chris armaly

Thanks for the detailed article on oil drilling. I have been following BPC for a while now, and you don’t have to be Einstein to figure out something is up.

In just a matter of weeks the share price went from 5 pence a share to over 15 pence…a 300% increase. It has since settled to around 12.5 pence +/- per share ( I imagine from profit takers).

You don’t have that kind of increase in that short period of time unless something is up.

Furthermore, don’t think for a minute these politicians don’t have their hands, legs, toes, fingers all over this. They are going to make a fortune.

I predict we will not go the Norwegian route where its citizens prosper over these type of ventures/risks, but will take the Trinidadian type route where the resources and wealth created is huge, but its majority of citizens remain poor while the MP’s and their families’ line their pockets.

Joe Euteneuer

Nicely done. Balanced, fair, informative. Nice change from what I normally hear in the media these days. Keep up the good work.

ben albury

I enjoyed your article in today's Tribune although I think I have been misunderstood. I would love the opportunity to discuss this issue with you further so you may understand my true position and motive.

Nick Higgs

Deepwater Horizon type blowouts are not the main worry. It is the persistent low-level leakages that pose a serious threat to the Bahamian Environment. If the North Sea regulators can't get it right what do you think will happen here.

http://www.guardian.co.uk/environment/2011/jul/05/oil-gas-spills-north-sea

Jeffrey Carlson

The Bahamas will be one of the first countries to feel the pain of increasing energy costs. The cost of oil will rise, expecting to increase exponentially over time. The cost of living in the Bahamas will sky rocket. And, as oil costs go up, you can expect tourism to decline. In just the last 3 years, the round trip travel costs between Albuquerque, New Mexico, USA and Nassau, Bahamas has tripled! It is high time for the Bahamas to carefully evaluate their energy resources. If significant oil deposits do exist in the bahamas, it wouldn't be smart to extract it and sell it off for a short-lived economic boost to the country ... just to pad the pockets of a greedy few. Indeed, the future of the country hinges more on energy than on any other factor. It is questionable if the natural resources in the Bahamas are great enough to even sustain its current population. Policies for energy resource conservation are necessary. Without these policies, in 25 years, the Bahamas will be more like it was 100 years ago. It is entirely possible that the Chinese population could become the majority population of the Bahamas in that time. It will be wise for the Bahamas to preserve their oil resource for as long as possible.

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