Ecuador Offers to Keep Oil Buried for a Fee
This MSNBC.com article discusses plans by the Ecuadorian government to leave potentially a billion barrels of oil underground in exchange for $350 million a year from wealthy countries. Ecuadorian President Rafael Correa says that number represents half of the potential earnings Ecuador could earn from the oil, and the sacrifice of that income would be to ensure the sanctity ... read morePublished in Automotive
