Uncategorized

Oil boom’s end threatens pain for much of Latin America

  PUERTO GAITAN, Colombia (AP) — Soaring oil prices the past decade transformed this rural backwater into Colombia’s richest city as nearby fields pumped black gold, drawing new businesses, international pop stars and vanity art projects such as the biblical-themed arch that towers over these sweltering grasslands. Now, crashing crude prices have the 45,000 residents … Continue reading