Tag Archive for 'Oil and Gas'

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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Oil and Gas Arithmetic

By Raffique Shah
April 01, 2012

Raffique ShahTHE announcements of two new oil finds over the past two weeks generated excitement among many in the population. “God is a Trini!” screamed the Express headline, quoting the Prime Minister. Such was the importance of Petrotrin’s discovery of 48 million barrels of relatively light crude, it warranted a full house of ministers and top company officials at the Cabinet Media Centre.
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