With the production of 500,000 barrels a day for 300 days a year at US$40 a barrel, the annual income would be US$6 billion. The cost of production of oil varies widely, depending on whether it is onshore or offshore and if offshore, how far away and how deep. To give some idea North Sea […]
Tag Archives: governance
THE POLICE AND THE PUBLIC
It is not known whether the post of Commissioner of Police, which has become vacant with the retirement of now former Commissioner, Seelall Persaud, will be advertised to facilitate applicants from Guyana and the Caribbean, or will be ‘selected.’ President Granger implemented that policy in relation to the posts of Chancellor and Chief Justice, for […]
THE APPOINTMENT OF CHANCELLOR AND CHIEF JUSTICE
Since the retirement of Chancellor (ag) Carl Singh and Chief Justice (ag) Ian Chang, the issue of their replacement has been at the forefront of discourse, at least privately, in legal circles, but occasionally in the media. I myself have written about the issue once when I called on President Granger to appoint persons to […]
THE GREEN HOUSE
Since the victory of the APNU+AFC coalition in 2015, the colour of APNU, green, in which the President is often dressed, is being promoted everywhere. It first started with school buses and school boats. Now it is reported that school benches at some locations are being painted green. These were followed by the new, imposing, […]
THE SIGNING BONUS
There was a signing bonus. It was known but denied by several Ministers of the Government. There should be consequences but the precedent has long been established that ministerial responsibilities are not recognized and therefore consequences do not flow from their actions or omissions. Unless there is a mass upsurge, which is unlikely, this uniquely […]