T&T: Cheap energy

Prime Minister Manning told a news conference that he argued to the US Energy Secretary that if the US wants an increase in supply of gas it would be only fair that the United States, as the sole projected consumer of the natural gas now under the ground, should take the risks involved in exploration activity.

Inevitably, it is this kind of partnership between industrialised and developing countries, the private and public sectors of this hemisphere that will ensure energy security. Inherent in the proposed co-operation between the US and T&T are indirect benefits to energy-poor Caricom countries, as this country has committed to low energy prices to its neighbours.