Friday, August 26, 2005
oil, not just for rich kids anymore
The Chad Cameroon Development Project appears to be helping one of the world's poorest nations improve the lives of its citizens.
Chad, where the per capita daily income is about half a tall Starbuck's, is undertaking a project to improve the quality of life for its citizens by mining its one significant natural resource, oil.
Okay well ExxonMobil and ChevronTexaco are sponsoring the project. But the Chadians (Chadites?) don't have many choices, given their extreme poverty and lack of infrastructure. Great big ol' fat oil pipelines ain't free. Watch the progress here.