World class potential and national budget data 2021/22 as indicators of its present condition

 Introduction

Thus far I have considered four of the ten sample indicators, which I had earlier advanced can provide an adequate profile of the present condition of Guyana’s emergent oil and gas sector: namely 1) existential threats, Venezuelan territorial aggression and environmental catastrophe; 2) modelled cost shares for crude oil production; 3) oil price projection; and 4) the World Bank’s call on Guyana’s boom cycle.  Today’s column considers the fifth and sixth indicators in the sample: namely 5) Guyana’s current estimated oil resources potential; and 6) official National Budget [2021/2022] data.