S8 Ep7 | The Global Oil Rush

Drilled

Critical Frequency

True Crime, Earth Sciences, Social Sciences, Science

4.8 • 2.3K Ratings

🗓️ 25 April 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

What's happening in Guyana isn't just happening there. All over the globe, oil companies are racing to tap as many of the remaining fossil fuel reserves as they can. This week, we're joined by Rolling Stone reporter Jeff Goodell for a story about what the global oil rush looks like in another part of the world: Namibia. Read Jeff's story: https://www.rollingstone.com/politics/politics-features/oil-drilling-africa-destroy-wild-land-namibia-recon-investors-1234697088/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:26.6	Not investment advice, crypto trading involves risk of loss.
0:30.0	We've been focused on Guyana this season and for good reason.
0:35.9	It's on track to become the world's largest oil producer per capita in the next decade.
0:41.3	But it's also important to note that what's happening in Guyana is pretty illustrative
0:46.9	of what's happening all over the world right now.
0:50.2	There is a global oil rush and it's hitting the Caribbean region and Africa particularly hard.
0:57.5	Today I'm bringing you a conversation with reporter Jeff Goodell at Rolling Stone
1:02.0	who's just written a scorching piece on what's been happening in Namibia,
1:06.2	particularly with respect to a company that seems to have claimed on paper
1:11.2	that there are billions of barrels of oil on its land,
1:14.4	but never actually proven that there's anything there.
1:18.4	That never stops them from drilling though,
1:21.4	right next to a UNESCO World Heritage Site, no less,
1:25.6	and those completely unnecessary exploratory wells have caused plenty of environmental damage.
	...

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