Reclaiming Guyana’s Oil Wealth: Confronting political timidity and the surrender of sovereignty Part 2

Last week I called out the political leaders for their timidity and dishonesty for hiding behind “sanctity of contract”. Someone pointed out that I seem to have spared Shuman’s Liberty and Justice Party and the United Force (if it exists). That was an oversight. The response to last week’s column was silence from the political…

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Reclaiming Guyana’s Oil Wealth: Confronting political timidity and the surrender of sovereignty

Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 136 Over the past three weeks, this Column has shown how the PPP/C has reversed its pre-election promise to review and renegotiate the 2016 Petroleum Agreement. But it actually did worse – reversed its commitment to an independent Petroleum Commission, failed to provide…

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The Consumer Price Index used by both Bureau of Statistics and Bank of Guyana for 2023 are inconsistent with the financial system data

Dr. Ramesh Gampat SN letter September 8, 2024 questioned the ‘credibility of inflation data’ by the Bureau of Statistics namely, the annual inflation rate for 2023. The number used lies somewhere between 1.6 percent and 2 percent. These numbers are inconsistent with financial system data. Guyana’s Consumer Price Index for January 2023 was 130.7%, ending…

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There must be an independent EIA on the proposed waste management operations at Coverden

We write in solidarity with Cover-den and its community advocates, Penelope Howell and Audreyanna Thomas, who have exposed alleged breaches of the Environmental Protection Act (EP Act) and rule of law in the awarding of an environmental permit to Professional Waste Solutions Incorporated (PWSI) by the EPA to operate an on-shore oil and gas waste…

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Bharrat’s disinformation on oil production rates is unprincipled and dangerous

I read without surprise, the August 10, 2024 KN clip “MP Vickram Bharrat provided misleading, deceptive information to Parliament on rate of oil production – David Patterson”. We all know that “misleading and deceptive” are parliamentary jargons for “lies”; but, in all fairness, let’s also charitably attribute some of the Honorable Minister’s mouthings to ignorance….

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