While Trinidad and Tobago is still regarded as the ‘lead player’ in the oil and gas industry in the Caribbean Community (CARICOM) local analysts of the sector continue to send signals that while – as the country’s former Prime Minister Dr. Eric Williams put it, oil don’t spoil, a point is reached, sooner or later, where the resource becomes exhausted. This, according to the Tuesday October 8 issue of the Trinidad Express, was one of the talking points of a recent post-budget panel discussion in Port-of-Spain reportedly attended by Government Ministers and academics, among representatives of other interest groups.