Expat Files – 08.23.15
The Expat Files: Living in Latin America

Expat Files – 08.23.15

2015-08-25
-In Latin America, some countries like Colombia produce enough oil for their own use and have plenty to export as well. When the price of oil is high (like 2 years ago) government slugs, like pigs at the trough, expand and gorge on the extraordinary tax revenues, but boom times do end. So now that oil prices are in the crapper, Latin countries that produce oil like Colombia-with their very weak environmental laws- have found an easy but highly destructive way to increase those oil tax revenues again, by FRACKING!!!   -Did you know that a very re...
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