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SIXTH EDITION - JANUARY 2024Guiana was once the El Dorado of Sir Walter&8217s Raleigh&8217s quest. He never found it, but black gold &8211 oil &8211 has been found offshore. Although it&8217s only five years since first oil Guyana is now the fastest growing economy in the world. By 2025 it might have the highest per capita income in the world.How will Guyana evolve? Which country will it take as its model: Trinidad and Tobago, Kazakhstan, the US, Scotland, or Ghana? Will the new Oil Klondike successfully resist Venezuela&8217s territorial claims?The sixth edition of this bestseller contains twenty-six chapters: eighteen new ones, plus six substantially revised and updated ones. Movers and shakers contributing to this new edition include: the former and current Vice Chancellors of the University of Guyana, six industrialists/entrepreneurs, seven university professors, the former Mayor of Aberdeen, the former British High Commissioner to Guyana, as well as journalists, and the renowned Guyanese poets John Agard, Grace Nichols, and Ian McDonald.The future of Guyana and oil is important to all of us. This book is an engaging melange of history, economics, politics, international relations, futurology, and literature. It reflect Guyana&8217s rich cultural and intellectual heritage, and continues the debate the first edition began in 2019.Preface by Gina Miller, Fair and True Party founder and leader, of Guyanese lineageEditors:John Mair is Guianese by birth and heritage. He is a 2018 Guyana High Commission UK Award Winner and the 1961 Demerara ScholarAndrew Beck is a former principal lecturer at Coventry UniversityCONTENTSPreface - Gina MillerPRELUDE: OIL AND EL DORADO - THE MYTHS AND THE MODERN REALITYSir Walter Raleigh and El Dorado: The myth traced to sourceFrom El Dorado to Oil Dorado: A short history of oil in GuyanaSECTION ONE: SETTING THE GUYANA SCENE IN 2024Big oil, big issues, big profits Five major implications of the Chevron-Hess 53bn acquisitionTrouble in the PetroverseGuess who&8217s coming to dinner at the Guyana Oil Table?Guyana Is sitting on a jackpot of liquid goldThe oil future for Guyana Guyana&8217s oil and gas boom: Is it on the right track? Can Guyana win the big cricket match that is oil?Why is China interested in Guyana&8217s oil?Oil and intimidation in the Guyana-Venezuela sagaExpectation management for Guyana, a rapidly evolving new producer of oil and gas&8216Let them teach maths&8217: Numbers and the young GuyanesePlenty oil, enough enterprise in Guyana?Plantation Houston EBD: The most valuable piece of real (sugar) estate in Guyana? Exxon&8217s in the money. Honestly? The Anti Oil Lobby (AOL)All that glisters is not gold: The CGX story SECTION TWO: LESSONS FOR GUYANA FROM NEAR AND AFARIntroduction Lessons for Guyana from Trinidad and TobagoLessons from Venezuela 1: PariahLessons from Venezuela 2: PoliticsGuyana and Kazakhstan: Lessons and an unlikely connectionLessons from Permian, TexasLessons from Aberdeen, ScotlandLessons from Ghana 1: The goodLessons From Ghana 2: The not-so-goodSECTION THREE: A LITTLE LIGHT HISTORY&8230OR AT LEAST 2019EPILOGUE Rainforest interlude (2019)The Sun Parrots are late this year (1992)
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