Biden should look to Guyana for help with lower fuel prices

Miami Herald foreign affairs columnist Andrés Oppenheimer has said that the Biden Administration should be looking to Guyana to help it ease burgeoning fuel prices and not Venezuela.

The Argentina-born columnist noted that recent oil discoveries here are expected to turn Guyana into one of Latin America’s biggest oil producers over the next five years.

“But, incredibly, the U.S. government seems to be blocking Guyana — a democracy — from developing its recently discovered oil fields instead of helping it”, he said, referring to recent reportage in this newspaper about Washington vetoing a loan by the Inter-American Development Bank (IADB) to a private sector company here which is expanding its oil and gas shore base.