Instead of waiting for the return of higher oil prices, this Government and people must take the opportunity to invest in quite inexpensive oil companies like BP, Chevron, Schlumberger, Exxon and multiple oil drilling companies off shore and onshore drilling service companies.Examples are Transocean, Seadrill, Basic energy services, and Trinidad drilling. Many like BP give a good dividend.
The world is a global village and the finance minister should consider the advisability of enabling citizens through a registered investment vehicle to invest in foreign countries like China, India, USA and Canada via the Internet.
Indeed this nation can become an investment centre for North and south America. Through Internet this nation must expand its wings to improve the lot of the people of T&T. Entrepreneurship along these lines can create new companies and employment thereby improving our financial position and not leaving us dependent on one product like oil.
But the parochial mentality must change. We must consider our world as a global village and we must aspire to achieve quality in what we produce; excellence is our goal; integrity in our conduct; perfection in discipline, duty and work; and lastly, faith and devotion to a God who we cannot see.The Carnival mentality must be curtailed. We must aspire to greatness. This nation can do better. God bless!
Roopnarine Singh MD
Chaguanas