Introduction
Today’s column addresses the tenth and final item in my non-exhaustive list of the “top-ten economic challenges”, which Guyana will have to confront as it operationalises its coming petroleum sector.
Introduction
Today’s column addresses three additional “top-10 economic challenges” in light of Guyana’s coming petroleum sector; namely: intergenerational equity, the permanent income hypothesis (PIH) budget rule, and managing public expectations.
Introduction
This week’s column continues my evaluation of what I had earlier labelled: “a non-exhaustive list of the top-10 economic challenges”, which the Government of Guyana (GoG) will have to confront with First Oil due in 2020.
Introduction
This week’s column starts consideration of what I had previously labelled as a non-exhaustive list of the “top-10 economic challenges”, which the Government of Guyana (GoG) has to confront.
Introduction
Today’s column has two principal aims: One is to wrap-up the overall discussion on spending expected windfall petroleum revenues on Government of Guyana (GoG) designated priorities.
Introduction
Today’s column wraps-up my discussion on spending petroleum revenues on long-term priorities
Of the Government of Guyana, (GoG), as represented in Guidepost 2 of Part 2 of the Guyana Petroleum Road Map.
Introduction
Last week I had raised several critical conceptual and analytical concerns related to what I labelled as “the Government of Guyana’s (GoG) well underway priority” of establishing a Sovereign Wealth Fund (SWF)//Natural Resources Fund (NRF).
Introduction
Discussing Guidepost 2 of Part 2, I began last week with identifying three general areas of public spending of petroleum revenues indicated by the Government of Guyana (GoG) thus far.
Introduction
A significant number of readers have asked me to clarify/expand/repeat more simply the way in which I arrived at the “back of the envelope” or “ballpark estimates” of annual Guyana Government Take, which I offered in last week’s column.
Introduction
Today’s column measures the impact of applying my values for production, price, and Government Take (indicated in Part 1 of Guyana’s Petroleum Road Map), to Rystad Energy’s analytics.
Introduction
Last Sunday’s column concluded my discussion of Guidepost 6. It also provided the indicative unit total cost range for a barrel of oil equivalent (boe) which I shall apply to the estimation of Guyana’s likely petroleum revenues, after cost, for the remainder of the Road Map, going forward.
Introduction
Last week’s column wrapped-up my discussion of break-even prices, both from a business (commercial) perspective and a fiscal and their relation to the unit total cost of Guyana’s crude oil exports.
Introduction
Today’s column links my ongoing assessment of Guidepost 6 in Guyana’s Petroleum Road Map (that is, the average (unit) total costs for its crude oil export) to my previous presentations in this series on Guyana’s projected indicative price range per barrel of oil equivalent (boe) for its expected petroleum exports.
Last Update: 558.05 Movement: 3.73%
Current Update: 537.22 YTD Movement: 4.34%
The Lucas Stock Index (LSI) declined 3.73% during the fourth period of trading in May 2019.
Introduction
Under Guidepost 6 of Guyana’s Petroleum Road Map, in its dimension for “getting petroleum revenues” I have offered, thus far, three sets of unit cost metrics, which were completed in 2018.