simple. Ecuador is drowning in debt. There are american oil companies down there right now that have been cut off from this source of oil. The government is implementing rules that would allow domestic producers of oil to recover these huge deposits of untapped oil and sell them and uses the taxes from these companies to help pay off or back most of the debt the country has put itself into. Think of venezuela, this country wants to do the same thing. They are having or have had these elections. The front runner is pro oil and coloma is or was the oil minister. With this company called LYNX Petroleum who, like some american companies Haliburton, have close ties to the people in power stand to benefit. Now i am not one who knows the alot about profit margins of big oil companies or how this would stand to benefit a COUNTRIES bottom line but my guess is it could be very significant. There now you got it out of me true or not the POTENTIAL lies right there! Any more questions students!
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