Daily Archive for November 30th, 2014

Politics and oil—a deadly cocktail

By Raffique Shah
November 30, 2014

Raffique ShahIn the current oil prices turmoil that has sparked much speculation, rumours of doom and gloom, and seeming indifference on the part of Government, the few in the country who know and understand what’s happening at the global level owe it to the nation to let their voices be heard.

We cannot believe the politicians. Over the past few months, as the price of West Texas Intermediate (WTI) crude slipped from US$105 a barrel in June to below US$70 a barrel last week, Finance Minister Larry Howai and Energy Minister Kevin Ramnarine were singing, “Don’t worry, be happy!”
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