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Showing posts from October, 2020
Part 2 West Indies Oil Company (WIOC): The Genesis of Economic Plunder By Kwame Nkosi Romeo In Part 1, I discussed the alliance of the West Indies Oil Company (WIOC) and the Antigua Labour Party (ALP) government. In particular, WIOC privileges and never-ending monopolies—the self-interest of the few that lowered the country into the abyss of despair.  Part 2 Bruce Rappaport brings to light the joint owners of WIOC and my hypothesis: these owners benefitted from the sale of WIOC. A continuous tradition supports ALP's unfavorable agenda of creative enrichment, land misappropriation, and collecting fewer taxes while extorting consumers at the pump. Part 11 Between 2002 and 2004, in the waning years of Prime Minister Lester Bird's regime, the Bird-Rappaport WIOC collaboration imported petroleum products  valuing CIF US$182,223,000 m. The amount of barrels of oil (bbl) is estimated to be 4,706,325 m bbl. (164,591,085 imp gal). This joint oil enterprise added 300 acres of undeveloped