1. Peak Oil Environmental Justice Taskforce 2006
Ecuador & Oil
Peak Oil Environmental Justice Taskforce
2006

2. oilatwhatcost.org

3. Why is he angry?
Poverty
Life and death
Destruction

4. Poverty
Ecuador is one of South America's poorest countries, Ecuador, is believed to be sitting on huge untapped reserves of oil and gas.
Much of it, though, lies beneath remote areas of the Amazon rainforest in the ancestral and legally granted lands of the Achuar, Shuar and Kichwa people.

5. Ecuador before and after oil
Before Oil
After Oil
Poverty level
50%
70%
Share of natural resources of the poorest
20% 6%
Under/
unemployment
15%
71%
Public debt
$0.24 billion
$16 Billion
Perilous Prosperity by Chris Jochnick

6. Why is he angry?
Poverty
Life and death
Destruction

7. Why is he angry?
Poverty
Life and death
Destruction

8. Texaco
Texaco’s legacy of environmental destruction has left strong resistance to oil projects
Their extraction processes contaminated both land and water, and has left the people with numerous health problems.

9. amazonwatch.org

10. This photograph shows an oil pipeline that has been leaking
into the stream below

11. This photograph show oil waste products being burned
off after refinement. The smoke emitted from the burning
causes health problems and "black rain".

12. This photograph shows an oil pit, where oil waste products are stored.
A border of several feet of clay soil may be all that separated these
contaminants from water tables.
eric schniter Anthropologistat UC Santa Barbara

13. Sources of Problems US resource interests Globalization
Texaco 1970s
Globalization
IMF and World Bank
GATT
Resource depletion

14.
Picture from “Ecuador tribes vow to fight oil threat “ Michael Voss, 3/03/05 BBC

15. Oil Map of Ecuador

17. Outcomes
Debt
Displacement
Poverty
Genocide
Environmental devastation

18. Debt
The massive indebtedness of Ecuador to the International Monetary Fund has forced it to open its natural resources for international exploitation

19. Winners & Losers
Not all sections of Ecuadoran society have benefited equally from oil revenues.
The traditionally dominant Spanish-descended elite gained far more than the indigenous peoples, who make up a large proportion of those who live in poverty.
BBC, Protests halt Ecuador oil exports, 8/19/05