WEBVTT - S8 Ep1 | The Boom

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<v Speaker 1>We interrupt this program to bring you a breaking near story.

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<v Speaker 2>US oil giant Exxon strikes oil in Guyana.

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<v Speaker 3>Now one of the prominent election issues in Guyana has

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<v Speaker 3>been the country's oil exploration efforts.

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<v Speaker 4>They were rumors swirling that Ganna had found oil.

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<v Speaker 3>Sound like almost all its neighbors, Guyana is not yet

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<v Speaker 3>an oil producer, but last week Eggxon Mobil announced it

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<v Speaker 3>had discovered oil off the coast.

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<v Speaker 5>In May twenty fifteen, Exon Mobil announced that it had

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<v Speaker 5>struck oil off the coast of the small South American

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<v Speaker 5>country of Guyana. And in Guyana, this was a big deal,

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<v Speaker 5>And then just a couple months later, Exon was making

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<v Speaker 5>headlines for another reason entirely. An investigation is underway into Exon,

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<v Speaker 5>the huge oil company married research about the effects of

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<v Speaker 5>climate change. Reports suggests more than thirty years ago, Exon's

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<v Speaker 5>own scientists were taking climate change projections into account in

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<v Speaker 5>its operational plans.

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<v Speaker 4>Exon was on the cutting edge of science.

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<v Speaker 5>They wanted to be on the cutting edge of science.

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<v Speaker 4>Forty years ago, on climate.

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<v Speaker 5>Change journalists at Inside Climate News, the La Times, and

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<v Speaker 5>Columbia Journalism School published dozens of internal documents that showed

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<v Speaker 5>that Exon Mobile had been warned by its own scientists

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<v Speaker 5>about climate change back in the nineteen seventies, and yet

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<v Speaker 5>had worked hard to keep the world from ever hearing

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<v Speaker 5>those warnings or taking them seriously. Exon rushed to defend

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<v Speaker 5>its record. It criticized the journalists. It ran tons of

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<v Speaker 5>social media ads and videos that would pop up every

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<v Speaker 5>time you searched Exon climate on Google. It claimed the

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<v Speaker 5>whole story was part of an organized plat against it.

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<v Speaker 5>But it was hard to deny the hundreds of internal

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<v Speaker 5>documents that the company itself had put in its corporate

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<v Speaker 5>archive at the University of Texas Library. It was all there,

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<v Speaker 5>in black and white, predictions of warming temperatures, rising seas,

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<v Speaker 5>fires and hurricanes, models and charts that showed exactly what

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<v Speaker 5>we're dealing with today. Story after story painted Exon as

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<v Speaker 5>the world's climate villain. And it was at this moment

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<v Speaker 5>that Guyana, a country on the frontlines of the global

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<v Speaker 5>climate crisis and one of the few South American nations

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<v Speaker 5>to stay out of oil throughout its history, emerged as

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<v Speaker 5>a new oil state thanks to Exxon. As time went on,

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<v Speaker 5>Exon began projecting that oil from Guyana would make up

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<v Speaker 5>around twenty five percent of its total global output, so

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<v Speaker 5>to recap. The same year Exxon was exposed for blocking

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<v Speaker 5>climate policy for decades, they decided to start a whole

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<v Speaker 5>new project doing offshore drilling in Guyana, a project so

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<v Speaker 5>large that it's what climate experts call a carbon bomb.

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<v Speaker 5>Knowing everything they know about climate change and the role

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<v Speaker 5>of fossil fuels planet, knowing the inevitability of oil spills

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<v Speaker 5>and flaring and things going wrong. Not in the nineteen

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<v Speaker 5>seventies when they were just learning about these things, but

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<v Speaker 5>now when they know so much. That's when they decided

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<v Speaker 5>to expand into Guyana.

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<v Speaker 4>One of the first things we found it was who

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<v Speaker 4>was this company that found this oil? And they said, oh,

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<v Speaker 4>it was EEPGLSO Exploration and Production Gata Limited, and that

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<v Speaker 4>company is a subsidiary of Exxon Mobile Corporation.

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<v Speaker 5>Keanu Wilberg reports on the oil and gas industry for

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<v Speaker 5>one of the country's top papers, Kit News.

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<v Speaker 4>And so I said, okay, we need to let people know, yes,

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<v Speaker 4>we found oil, but who are we really dealing with.

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<v Speaker 4>Who is this company? What's his track record? We don't

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<v Speaker 4>know anything about it. Let's get into it.

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<v Speaker 5>I'm Amy Westervelt, and I'm a journalist who's been covering

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<v Speaker 5>the fossil fuel industry for twenty years, so it was

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<v Speaker 5>a big surprise to me that Keana and her colleagues

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<v Speaker 5>had not heard of Exxon Mobile before this. In the US,

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<v Speaker 5>of course, they're a household name, but for journalists in particular,

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<v Speaker 5>they have a reputation. For me and every journalist I

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<v Speaker 5>know who's ever done an excellon story, weird shit just

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<v Speaker 5>happens when you're reporting on this company. When I was

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<v Speaker 5>interviewing those former excellent scientists I mentioned before, the ones

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<v Speaker 5>that had done all that climate research back in the

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<v Speaker 5>seventies and eighties, every time I traveled, half my reservations

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<v Speaker 5>would somehow wind up changed or canceled. It actually happened

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<v Speaker 5>when I was reporting on this story too. On my

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<v Speaker 5>way to Guyana, I got a message just before my

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<v Speaker 5>flight that my hotel room in Georgetown had been canceled.

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<v Speaker 5>I called our senior producer and editor, Sarah Ventry about

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<v Speaker 5>it to let her know.

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<v Speaker 6>Good morning, Sarah. I woke up to a fun little

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<v Speaker 6>surprise that Marriott had.

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<v Speaker 5>Canceled my hotel reservation tonight.

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<v Speaker 6>I totally forgot that, like every time I go somewhere

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<v Speaker 6>to report on Exxon, this happens. We asked Keana if

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<v Speaker 6>intimidation from either the oil companies or the government.

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<v Speaker 5>Ever makes her think twice about her beat.

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<v Speaker 4>Absolutely. Absolutely. I remember uh watching this documentary about how

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<v Speaker 4>citizens of Papua New Guinea died when they were pushing

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<v Speaker 4>for an oil and gas project in a particular area.

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<v Speaker 4>People who were protesting against it started disappearing. But I

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<v Speaker 4>am I am very very much aware of the dangers

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<v Speaker 4>of reporting on the oil and gas sector.

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<v Speaker 5>Those dangers have only increased in the few years since

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<v Speaker 5>Guyana became an oil country. For decades now, the fossil

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<v Speaker 5>fuel industry's story has been that oil equals development and prosperity, equality, stability,

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<v Speaker 5>a better quality of life. As the world's fossil fuel

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<v Speaker 5>companies race to tap the last of the planet's oil reserves,

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<v Speaker 5>we have a chance to examine that promise up close

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<v Speaker 5>in real time this season Life and Death in the

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<v Speaker 5>world's fastest growing economy. The purpose of an oil company

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<v Speaker 5>is to make money. They have no other purpose.

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<v Speaker 7>If you have abundant natural source and you could use

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<v Speaker 7>those natural resources in a very responsible manner to help

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<v Speaker 7>lift your people out of poverty. That's what I support.

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<v Speaker 5>It's really extraordinary the leverage the industry has over the country,

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<v Speaker 5>and it's inexplicable the amount.

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<v Speaker 8>A number of attacks we have received from members of

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<v Speaker 8>the government. It shows that the government is not ready

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<v Speaker 8>to accommodate persons who are willing to speak out.

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<v Speaker 9>One point two billion gallons of suite in our Christine Ocean,

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<v Speaker 9>so will be getting roughly again.

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<v Speaker 5>The ship for every battel of oil they take out.

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<v Speaker 5>That's the deal. In a nutshell.

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<v Speaker 2>I thought it was hard to report on the CIA,

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<v Speaker 2>and I came to understand that Exon was far more

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<v Speaker 2>difficult and a little bit scarier even.

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<v Speaker 5>Welcome to Light Sweet Crude, a special crossover season of

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<v Speaker 5>Drilled and Damages. Stay with us.

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<v Speaker 4>My lifelong dream since since growing up was to be

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<v Speaker 4>a teacher.

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<v Speaker 5>This is Keana Wilberg, who we heard from before. She

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<v Speaker 5>was one of my first connections in Guyana. Actually, I

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<v Speaker 5>originally hired her to help do some interviews and some

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<v Speaker 5>on the ground recording when we couldn't travel to Guyana

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<v Speaker 5>because of COVID. But the more I got to know her,

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<v Speaker 5>I realized that she wasn't just helping us to tell

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<v Speaker 5>this story. She was a big part of it.

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<v Speaker 4>And I didn't get to fulfill that dream because I

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<v Speaker 4>was told that I was too young and the boys

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<v Speaker 4>in the class would not take me seriously as a teacher.

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<v Speaker 4>So I said, Okay, what's the next thing that I

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<v Speaker 4>wanted to do, and that would be writing. I loved

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<v Speaker 4>her and I love to pray as well, so I

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<v Speaker 4>remember praying and I said, you know, God, if you

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<v Speaker 4>channel me in the direction.

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<v Speaker 9>To get a job that allows me to do what

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<v Speaker 9>I love, so that allows me to write, I'm going

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<v Speaker 9>to give one thousand percent of myself every singly.

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<v Speaker 4>The next day, I.

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<v Speaker 5>Got this job. This job was working as a reporter

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<v Speaker 5>at one of the country's largest newspapers, Kit News. She

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<v Speaker 5>was young, nineteen maybe twenty, and she had no idea

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<v Speaker 5>what to expect. She stayed up all night before her

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<v Speaker 5>first day studying the paper and its writers.

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<v Speaker 10>So I had a little notebook and I wrote down

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<v Speaker 10>all of the topics that they paid attention to in

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<v Speaker 10>health and crime and education, because I wasn't sure where

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<v Speaker 10>they would put me or what they would ask me.

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<v Speaker 5>She even picked out the perfect first day of work outfit,

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<v Speaker 5>just like you used to do the night before your

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<v Speaker 5>first day of school.

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<v Speaker 10>I remember having this black jacket with gold buttons and

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<v Speaker 10>matching green inner top, the black pants with green shoes,

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<v Speaker 10>and when I got to wear I thought that I

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<v Speaker 10>looked so good.

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<v Speaker 5>But it turned into one of her first lessons about

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<v Speaker 5>navigating Guyana's political landscape as a journalist.

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<v Speaker 10>I got to work the first day and I was

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<v Speaker 10>reprimanded for it because green and black are party colors.

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<v Speaker 10>It's the two colors of one of the major political

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<v Speaker 10>parties in the country. If you go out there as

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<v Speaker 10>a reporter, they automatically ask you, oh, are you are

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<v Speaker 10>representative of this party.

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<v Speaker 5>That's a big deal in Guyana, where politics are tense

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<v Speaker 5>and racialized.

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<v Speaker 4>You have predominantly Blocks and you have predominantly Indians, and

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<v Speaker 4>they are parties that represent those interests.

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<v Speaker 11>Leading up to elections, you will see both sides reminding

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<v Speaker 11>of things that happen five years ago, ten years ago.

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<v Speaker 4>Fifty years ago. You will hear them beating these racist

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<v Speaker 4>drums like every single time it's leading up to elections.

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<v Speaker 4>And so unfortunately, even at this media entity, when it

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<v Speaker 4>gets to that time, you see some people say good afternoon,

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<v Speaker 4>and some people don't.

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<v Speaker 5>According to Keana, oil drilling has exacerbated the problem.

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<v Speaker 4>It's more cut throat and there's no apology. There's no

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<v Speaker 4>apology for it. There's no care for window dressing anymore.

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<v Speaker 4>It's going to be violet, it's going to be disrespectful.

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<v Speaker 4>It's oil is just making this the politics. It's getting toxic.

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<v Speaker 4>It's written an extremely toxic level.

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<v Speaker 5>That's pretty concerning in a country with a history of

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<v Speaker 5>political battles turning violent. The fact that politics are turning

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<v Speaker 5>ugly in the wake of oil doesn't exactly bode well

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<v Speaker 5>for stability in Guyana. Americans are of course, no strangers

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<v Speaker 5>to divisive, toxic, racialized, or even violent politics either. But

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<v Speaker 5>to give you just one example of just how bad

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<v Speaker 5>it's starting to get in Guyana, Keana told us about

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<v Speaker 5>a fight over one piece of oil related legislation that

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<v Speaker 5>actually ended up in a wrestling match. Seriously, some politicians

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<v Speaker 5>ended up rolling around on the floor of the National Assembly.

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<v Speaker 12>Real the thing now on presidented vulgarity in the National

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<v Speaker 12>Assembly Bana.

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<v Speaker 4>The opposition resorted to whistling, stealing the mace and that instrument.

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<v Speaker 4>If it's removed from there, you cannot pass a law.

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<v Speaker 4>So the opposition tried to steal the mace so that

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<v Speaker 4>they can pass it.

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<v Speaker 7>And it was.

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<v Speaker 4>A tug of war between the members of the opposition

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<v Speaker 4>and the parliamentary officials and their images online with a

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<v Speaker 4>parliamentary official lyne on the ground hugging the mace so

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<v Speaker 4>that it cannot be stolen from him.

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<v Speaker 5>That sort of thing has been happening more and more

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<v Speaker 5>in the past couple of years as Excellent started actually

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<v Speaker 5>producing barrels of oil. Suddenly the potential for oil profits

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<v Speaker 5>has become real money in government accounts. Roads are being built,

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<v Speaker 5>government programs are being announced. Guyana's capital, Georgetown, it's an

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<v Speaker 5>oil boomtown now that caters to foreigners in the oil business.

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<v Speaker 5>There are high rise hotels springing up all over the place.

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<v Speaker 5>It's impossible to get a reservation at the most popular

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<v Speaker 5>restaurant in town. Old colonial homes near the waterfront have

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<v Speaker 5>been torn down and replaced by modern apartment buildings or

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<v Speaker 5>condos where oil execs from Houston rotate in and out.

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<v Speaker 5>Competition for power and wealth has intensified, turning up the

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<v Speaker 5>heat on long simmering political, ethnic and class resentments. When

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<v Speaker 5>that first announcement was made in twenty fifteen. It was

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<v Speaker 5>just the earliest hint of what was to come. Exon

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<v Speaker 5>had figured out that there was oil off Guyana's coast,

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<v Speaker 5>but it needed to understand exactly how much how accessible

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<v Speaker 5>it was. Once that was determined, it had to commission

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<v Speaker 5>unusually large and complex offshore rigs to get at the oil.

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<v Speaker 5>These were not your standard offshore platforms. Exon needed to

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<v Speaker 5>be able not only to drill in extremely deep water,

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<v Speaker 5>but also to store large quantities of oil at sea

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<v Speaker 5>and ship barrels directly from the middle of the ocean.

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<v Speaker 5>It takes at least two years to build these things.

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<v Speaker 5>They're called floating production, storage and Offloading vessels, or as

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<v Speaker 5>we heard a lot of people call them FPSOs. They

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<v Speaker 5>cost up to three billion dollars each and they can

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<v Speaker 5>take up to a year just to install and get going.

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<v Speaker 5>So it makes sense that while Exon announced that it

0:15:45.200 --> 0:15:48.400
<v Speaker 5>had discovered oil in Guyana in twenty fifteen, it didn't

0:15:48.440 --> 0:15:52.680
<v Speaker 5>actually produce its first barrel there until twenty nineteen. When

0:15:52.720 --> 0:15:56.360
<v Speaker 5>that happened, the country's president at the time, David Granger,

0:15:56.720 --> 0:16:00.160
<v Speaker 5>was so thrilled he declared the day a national holiday.

0:16:02.480 --> 0:16:07.080
<v Speaker 2>Guy needs I should issue a proclamation declaring the twentieth

0:16:07.200 --> 0:16:10.080
<v Speaker 2>of December as National Petroleum Day.

0:16:11.200 --> 0:16:13.440
<v Speaker 5>In those four years from the discovery of oil to

0:16:13.480 --> 0:16:16.680
<v Speaker 5>the production of it, Keanu Wilberg set herself the task

0:16:16.760 --> 0:16:20.600
<v Speaker 5>of learning everything she possibly could about the industry and

0:16:20.680 --> 0:16:23.160
<v Speaker 5>about the company that Guyana was partnering with.

0:16:24.000 --> 0:16:26.680
<v Speaker 4>I distinctly remember I said, Okay, you know what, I

0:16:26.680 --> 0:16:30.800
<v Speaker 4>don't know anything about oil and gas. I'm editor in

0:16:30.880 --> 0:16:34.640
<v Speaker 4>chief at the TAME. Adam Harris said, you know, I

0:16:34.720 --> 0:16:39.440
<v Speaker 4>have a book somewhere at home about Exxon.

0:16:40.400 --> 0:16:43.240
<v Speaker 5>The book was one of the all time masterpieces ever

0:16:43.280 --> 0:16:45.800
<v Speaker 5>written about Exon Private Empire.

0:16:46.520 --> 0:16:51.160
<v Speaker 2>I'm Steve Call and I am the author of Private Empire,

0:16:51.520 --> 0:16:53.280
<v Speaker 2>Exxon Mobile, and American Power.

0:16:53.760 --> 0:16:57.200
<v Speaker 5>Steve Call is also an investigative journalist for The New Yorker.

0:16:58.040 --> 0:16:59.920
<v Speaker 2>I thought it was hard to report on the CIA,

0:17:00.120 --> 0:17:04.320
<v Speaker 2>and I came to understand that Exon was far more

0:17:04.320 --> 0:17:09.680
<v Speaker 2>difficult and a little bit scarier. Even I joked with

0:17:09.720 --> 0:17:14.160
<v Speaker 2>my colleagues that, you know, if I disappeared, like if

0:17:14.200 --> 0:17:16.479
<v Speaker 2>some van pulled up beside me on the street and

0:17:16.520 --> 0:17:20.359
<v Speaker 2>I was bundled away and they never saw me again,

0:17:20.880 --> 0:17:24.880
<v Speaker 2>that it wouldn't be al Qaeda, which I had reported

0:17:24.920 --> 0:17:27.240
<v Speaker 2>on it wouldn't be the CIA, which I had reported,

0:17:27.280 --> 0:17:30.439
<v Speaker 2>I'd probably be excellent. They have that way of creeping

0:17:30.480 --> 0:17:34.199
<v Speaker 2>people out of intimidation actually, and it's it's a strategy,

0:17:34.359 --> 0:17:37.679
<v Speaker 2>and they're very practiced at it and effective at it.

0:17:37.720 --> 0:17:40.520
<v Speaker 2>They have a lot of power and resources with which

0:17:40.560 --> 0:17:41.760
<v Speaker 2>to intimidate people.

0:17:42.720 --> 0:17:46.800
<v Speaker 5>Keanu photocopied Calls book for her colleagues. Reading it, she

0:17:46.840 --> 0:17:49.480
<v Speaker 5>could tell she was signing up for a big challenge,

0:17:49.840 --> 0:17:52.640
<v Speaker 5>but it wasn't all on her shoulders. Her paper, Kitter

0:17:52.840 --> 0:17:55.639
<v Speaker 5>News knew that Guyana getting into the oil business was

0:17:55.680 --> 0:17:58.240
<v Speaker 5>a big deal, so they created an oil and gas

0:17:58.280 --> 0:18:00.880
<v Speaker 5>desk and put five journalists on it, some for oil,

0:18:01.000 --> 0:18:04.439
<v Speaker 5>some for gas. They all read those photocopies of Private

0:18:04.440 --> 0:18:07.840
<v Speaker 5>Empire and then came up with questions they wanted answers for.

0:18:11.480 --> 0:18:16.160
<v Speaker 4>Everyone was armed with pencils and exercise books, notebooks, and

0:18:16.240 --> 0:18:18.400
<v Speaker 4>we were writing on all the questions that we want

0:18:18.400 --> 0:18:20.000
<v Speaker 4>to ask, that we want to find out and do

0:18:20.080 --> 0:18:20.760
<v Speaker 4>research a book.

0:18:21.600 --> 0:18:23.720
<v Speaker 5>As they did their research, they would publish it in

0:18:23.760 --> 0:18:25.320
<v Speaker 5>a series of weekly articles.

0:18:25.680 --> 0:18:29.040
<v Speaker 4>And we started out with everything you need to know

0:18:29.600 --> 0:18:35.480
<v Speaker 4>about Excel Mobile, and some of our stories looked at

0:18:35.520 --> 0:18:42.360
<v Speaker 4>the environmental issues concerns that countries civil society groups had

0:18:42.400 --> 0:18:44.320
<v Speaker 4>about exelmobiles operations.

0:18:45.640 --> 0:18:49.960
<v Speaker 5>One of those concerns was, unsurprisingly, climate change and the

0:18:50.080 --> 0:18:53.080
<v Speaker 5>extent to which a massive new oil project would be

0:18:53.119 --> 0:18:56.399
<v Speaker 5>exacerbating a problem that the country and the world is

0:18:56.480 --> 0:19:00.879
<v Speaker 5>already facing. Dianese President your Fanali has painted sort of

0:19:00.920 --> 0:19:04.399
<v Speaker 5>a robbing Peter to pay Paul picture, claiming that oil

0:19:04.400 --> 0:19:07.920
<v Speaker 5>money will help Guyana pay for the cost of adapting

0:19:08.040 --> 0:19:12.400
<v Speaker 5>to climate change, never mind that it will also exacerbate

0:19:12.440 --> 0:19:17.560
<v Speaker 5>the problem. And Guyana's capital, Georgetown, is below sea level already.

0:19:18.160 --> 0:19:20.879
<v Speaker 5>In fact, it was already below sea level when it

0:19:20.960 --> 0:19:24.359
<v Speaker 5>was built. Back in the late seventeen hundreds. The Dutch

0:19:24.480 --> 0:19:28.280
<v Speaker 5>colonized the area and engineered a canal system for Georgetown,

0:19:28.480 --> 0:19:30.720
<v Speaker 5>similar to those they built in the Netherlands.

0:19:33.160 --> 0:19:35.920
<v Speaker 12>Now there are hundreds and hundreds of these in Guyana,

0:19:36.040 --> 0:19:38.800
<v Speaker 12>all along the coast. So you have the sea wall,

0:19:39.160 --> 0:19:41.639
<v Speaker 12>but they're breaks in the sea wall all along that

0:19:41.760 --> 0:19:45.639
<v Speaker 12>has these openings. That has a sluice, so it's like

0:19:45.680 --> 0:19:49.240
<v Speaker 12>a gate that opens and closes, so at low tide

0:19:49.480 --> 0:19:52.840
<v Speaker 12>it's open to let water out. At high tide it's

0:19:52.880 --> 0:19:54.879
<v Speaker 12>closed to keep the seawater out.

0:19:55.840 --> 0:19:59.600
<v Speaker 5>Salvador to Carries was born and raised in Guyana. Today

0:19:59.640 --> 0:20:01.560
<v Speaker 5>he worked as a tour guide there.

0:20:02.000 --> 0:20:05.320
<v Speaker 12>And right now even there are parts of the east coast,

0:20:05.400 --> 0:20:09.040
<v Speaker 12>and even here during spring tides you should see the

0:20:09.080 --> 0:20:12.440
<v Speaker 12>waves coming over the top of the wall. So any

0:20:12.520 --> 0:20:16.240
<v Speaker 12>kind of rise in sea level, we're in trouble. How

0:20:16.320 --> 0:20:19.000
<v Speaker 12>much do you keep building this wall up? At some

0:20:19.200 --> 0:20:21.800
<v Speaker 12>point we're going to have to think about moving, and

0:20:21.840 --> 0:20:25.280
<v Speaker 12>the government is already talking about it, actually moving the

0:20:25.359 --> 0:20:28.239
<v Speaker 12>capital back into where the big airport is.

0:20:36.359 --> 0:20:41.359
<v Speaker 6>I was walking around with this yesterday. Someone was like, man,

0:20:42.240 --> 0:20:52.320
<v Speaker 6>why are you walking around with that brooksh.

0:20:47.840 --> 0:20:50.679
<v Speaker 5>When we got to Guyana, we didn't just head straight

0:20:50.720 --> 0:20:53.639
<v Speaker 5>for the oil and gas experts and for a drive

0:20:53.720 --> 0:20:57.760
<v Speaker 5>by of the Exxon headquarters. We wanted to understand the

0:20:57.760 --> 0:21:01.920
<v Speaker 5>context all these changes were happening in, so we went

0:21:01.960 --> 0:21:04.680
<v Speaker 5>to the market, we talked to fishermen at the seawall,

0:21:05.280 --> 0:21:08.720
<v Speaker 5>and we hit the National Museum with Salvador. It turns

0:21:08.720 --> 0:21:11.680
<v Speaker 5>out the Dutch and the British weren't the only colonial

0:21:11.720 --> 0:21:16.159
<v Speaker 5>powers interested in Guyana back in the seventeen hundreds. The French,

0:21:16.280 --> 0:21:20.000
<v Speaker 5>Spanish and Portuguese all took parts of the country too.

0:21:21.119 --> 0:21:23.600
<v Speaker 12>You got the true Guanas and what they used to

0:21:23.640 --> 0:21:25.280
<v Speaker 12>call British Guiana.

0:21:25.000 --> 0:21:26.679
<v Speaker 4>Dutch Guiana and French Guiana.

0:21:26.960 --> 0:21:31.040
<v Speaker 8>Dutch Guiana is surnam is.

0:21:31.080 --> 0:21:34.840
<v Speaker 1>Here and Spanish Cana was here and they are Naco.

0:21:35.640 --> 0:21:39.680
<v Speaker 12>Spanish Guana became part of Venezuela. Portuguese Ganda became part

0:21:39.760 --> 0:21:44.639
<v Speaker 12>of Brazil. So you've got French, no French, Dutch and English.

0:21:45.160 --> 0:21:46.880
<v Speaker 12>But the border got changed.

0:21:47.920 --> 0:21:50.439
<v Speaker 5>At this point, Salvador stood in front of a big

0:21:50.600 --> 0:21:53.480
<v Speaker 5>map of the country to show how these former colonies

0:21:53.520 --> 0:21:56.439
<v Speaker 5>had been divided into new countries.

0:21:59.680 --> 0:22:04.680
<v Speaker 1>Brazil and we gave all of this to Venezuela. Sonaudi

0:22:04.840 --> 0:22:10.000
<v Speaker 1>claimed that this should be border. So two turds again,

0:22:10.280 --> 0:22:11.440
<v Speaker 1>they say it belongs to them.

0:22:11.560 --> 0:22:19.520
<v Speaker 13>Na, no way, sorry, here.

0:22:21.240 --> 0:22:21.960
<v Speaker 1>Not happening.

0:22:22.880 --> 0:22:26.159
<v Speaker 5>In case you missed that, he's saying that Venezuela is

0:22:26.280 --> 0:22:29.679
<v Speaker 5>laying claim to a portion of Guyana. In fact, they

0:22:29.720 --> 0:22:32.920
<v Speaker 5>lay claim to a fairly large percentage of Guyana's land

0:22:33.040 --> 0:22:38.040
<v Speaker 5>and also to all of its offshore area, which means

0:22:38.359 --> 0:22:41.679
<v Speaker 5>the oil. That border dispute has been going on for

0:22:41.720 --> 0:22:44.639
<v Speaker 5>more than a century, but the twenty fifteen discovery of

0:22:44.680 --> 0:22:49.639
<v Speaker 5>oil in Guyana reignited it. By that point, Venezuela had

0:22:49.640 --> 0:22:54.119
<v Speaker 5>actually kicked out several foreign oil companies, including Exonmobile.

0:22:54.840 --> 0:23:00.000
<v Speaker 13>The reason why we are famous, no is that Venezuela

0:23:00.160 --> 0:23:08.720
<v Speaker 13>La has denied, denied the US companies there rightful share.

0:23:08.960 --> 0:23:10.119
<v Speaker 4>Whatever that.

0:23:10.240 --> 0:23:14.600
<v Speaker 5>Maybe this is Alfred Boulai, an engineer and energy expert

0:23:14.600 --> 0:23:18.000
<v Speaker 5>in Guyana, who says there have been various research projects

0:23:18.040 --> 0:23:21.920
<v Speaker 5>around oil in the country for decades. Today he works

0:23:21.920 --> 0:23:27.560
<v Speaker 5>for Transparency Institute Guyana, which pushes for increased government transparency.

0:23:28.400 --> 0:23:31.359
<v Speaker 13>So I knew it was oil being healed, and certain

0:23:31.480 --> 0:23:37.639
<v Speaker 13>knowledgeable people knew yet, particularly mister Borlam in the nineteen seventies,

0:23:38.119 --> 0:23:38.880
<v Speaker 13>the Coamo.

0:23:38.640 --> 0:23:43.760
<v Speaker 5>President, that's former President Forbes Burnham. The country officially gained

0:23:43.800 --> 0:23:47.600
<v Speaker 5>independence from Britain in nineteen sixty six, but it didn't

0:23:47.640 --> 0:23:51.800
<v Speaker 5>have its first entirely democratic election until the early nineties.

0:23:52.560 --> 0:23:55.280
<v Speaker 5>In the lead up to independence, the most popular party

0:23:55.400 --> 0:23:58.639
<v Speaker 5>was the People's Progressive Party the PPP, and at that

0:23:58.760 --> 0:24:01.439
<v Speaker 5>point in the sixties it was a cross racial party

0:24:01.520 --> 0:24:04.560
<v Speaker 5>led by two men, one of Indian descent, Chetty Jagon,

0:24:04.680 --> 0:24:07.880
<v Speaker 5>the other of African descent Forbes Burnham. Like a lot

0:24:07.880 --> 0:24:10.439
<v Speaker 5>of other South American political leaders at the time, they

0:24:10.440 --> 0:24:14.520
<v Speaker 5>were both leftists, and they had strong opinions about who

0:24:14.520 --> 0:24:18.919
<v Speaker 5>should own and benefit from Guyana's natural resources, not Western

0:24:18.960 --> 0:24:22.800
<v Speaker 5>oil companies. For one, they wanted Guyana's resources to benefit

0:24:22.880 --> 0:24:26.320
<v Speaker 5>its people. Also, like a lot of South American countries,

0:24:26.440 --> 0:24:29.720
<v Speaker 5>Guyana was on the CIA's radar at the time, and

0:24:29.800 --> 0:24:32.400
<v Speaker 5>they had strong opinions about which of these two men

0:24:32.480 --> 0:24:35.400
<v Speaker 5>they'd prefer to see in charge of so many resources.

0:24:36.200 --> 0:24:39.480
<v Speaker 5>Burnham the one who didn't spend quite so much time

0:24:39.560 --> 0:24:43.880
<v Speaker 5>with Fidel Castro as they have done in so many countries.

0:24:43.920 --> 0:24:47.440
<v Speaker 5>The CIA leaned on racial differences to split the parties

0:24:47.480 --> 0:24:52.520
<v Speaker 5>into two and then backed Burnham. Despite its relative stability

0:24:52.560 --> 0:24:55.399
<v Speaker 5>compared to some of its neighbors, Guyana wasn't a big

0:24:55.480 --> 0:24:59.160
<v Speaker 5>target for its oil because it sat beneath the ocean

0:24:59.160 --> 0:25:02.560
<v Speaker 5>floor some forty miles off the coast. So from the

0:25:02.640 --> 0:25:05.520
<v Speaker 5>nineteen seventies to the early two thousands, the big US

0:25:05.520 --> 0:25:08.800
<v Speaker 5>oil companies were really concentrating on Venezuela.

0:25:09.720 --> 0:25:13.359
<v Speaker 13>So I am absolutely sure that they knew they was

0:25:13.400 --> 0:25:18.040
<v Speaker 13>always there and just waited Venezuela is going to play bad.

0:25:19.560 --> 0:25:22.760
<v Speaker 13>Then they said, well, okay, we have oil elsewhere, and

0:25:22.800 --> 0:25:28.120
<v Speaker 13>then negotiated a very sweet deal. So the people who

0:25:28.480 --> 0:25:35.159
<v Speaker 13>knew about oil knew these things, but the general public didn't.

0:25:35.520 --> 0:25:38.720
<v Speaker 5>Boo I thinks it's possible that Venezuela and Guyana's oil

0:25:38.800 --> 0:25:41.840
<v Speaker 5>are fed by the same reserve, which could be further

0:25:41.920 --> 0:25:47.080
<v Speaker 5>fueling Venezuela's attempts to stop the drilling in Guyana. All

0:25:47.119 --> 0:25:49.760
<v Speaker 5>of this got Keana Wilberg and her team at KIT

0:25:50.000 --> 0:25:53.399
<v Speaker 5>News thinking about one key question that they had not

0:25:53.640 --> 0:25:57.520
<v Speaker 5>been able to find an answer to about Exxon's sudden

0:25:57.560 --> 0:25:58.960
<v Speaker 5>presence in Guyana.

0:26:00.160 --> 0:26:02.360
<v Speaker 4>The contract that we have with this company.

0:26:03.160 --> 0:26:07.480
<v Speaker 5>Steve Call's book Private Empire is filled with details about

0:26:07.480 --> 0:26:11.760
<v Speaker 5>what kinds of deals countries like Equatorial Guinea, Chad, and

0:26:11.880 --> 0:26:16.720
<v Speaker 5>Guyana's neighbor Venezuela had struck with Exon In twenty sixteen,

0:26:16.880 --> 0:26:20.360
<v Speaker 5>a year after Exon discovered oil offshore. Keana and her

0:26:20.359 --> 0:26:23.720
<v Speaker 5>newsroom wanted to know where Guyana stood compared to those

0:26:23.760 --> 0:26:27.639
<v Speaker 5>other countries. Equatorial Guinea had only gotten about eight percent

0:26:27.760 --> 0:26:31.800
<v Speaker 5>royalties in its contract, Chad got ten percent. But Guyana

0:26:31.960 --> 0:26:35.040
<v Speaker 5>was more stable and developed than those countries had been

0:26:35.119 --> 0:26:39.439
<v Speaker 5>when they inked contracts with Exxon. Surely they would get more.

0:26:40.480 --> 0:26:45.200
<v Speaker 4>And it took us a year of writing over and

0:26:45.320 --> 0:26:48.119
<v Speaker 4>over and over and over. They released a contract, release

0:26:48.160 --> 0:26:49.639
<v Speaker 4>a contract release, release.

0:26:49.400 --> 0:26:52.280
<v Speaker 5>It next time on light sweet crude.

0:26:56.200 --> 0:27:03.800
<v Speaker 10>This is something that was hidden from media since nineteen

0:27:03.880 --> 0:27:04.560
<v Speaker 10>ninety nine.

0:27:05.440 --> 0:27:06.920
<v Speaker 4>No one saw this document.

0:27:07.720 --> 0:27:11.720
<v Speaker 6>The majority of people, including the IMF, have gone on

0:27:11.880 --> 0:27:15.320
<v Speaker 6>record as saying it was a very unfair deal for

0:27:15.400 --> 0:27:15.840
<v Speaker 6>the ENA.

0:27:16.240 --> 0:27:18.800
<v Speaker 13>I began talking to someone there and he said he

0:27:18.840 --> 0:27:21.359
<v Speaker 13>would like to do a case, but nobody would do

0:27:21.440 --> 0:27:25.000
<v Speaker 13>the case for him to challenge the oil, and I said,

0:27:25.359 --> 0:27:25.960
<v Speaker 13>I'll do it.