Silverstein, Ken,

The Politics of Petroleum: Gusher to a Few, Trickle to the Rest. Ken Silverstein. - Los Angeles Times, 2004. - SIRS Enduring Issues 2005. Article 73, Environment, 1522-3205; .

Articles Contained in SIRS Enduring Issues 2005. Originally Published: The Politics of Petroleum: Gusher to a Few, Trickle to the Rest, May 13, 2004; pp. A1+.

"Just past the misnamed Beautiful Rose Farm, a shantytown without running water or sewers, is a lush, gated compound with spacious houses, manicured gardens and tennis courts that ExxonMobil built for its employees. Besides the foreigners, the development also has benefited a few well-connected Angolans: A local businessman close to President Jose Eduardo dos Santos was hired by the oil company to construct the complex, and a former army chief of staff collects rent on the land, according to an oil industry consultant's report and a source familiar with the arrangement." (LOS ANGELES TIMES) This article discusses "how the benefits of oil development have enriched Angola's wealthiest citizens" at the "expense of an impoverished and resentful majority."

1522-3205;


Exxon Mobil Corporation


Petroleum industry and trade--Angola
Petroleum reserves
Political corruption--Africa
Poverty


Angola--Economic conditions
Angola--Politics and government
U.S.--Foreign relations--Angola

AC1.S5

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