Oil in Belize

Oil was recently found in Belize. This valuable resource can bring in tremendous wealth, but there are also several dangers involved with an economy dependent on oil.
Luckily, the Prime Minister seems to be aware of these dangers and hopefully, Belize will handle the situation responsibly.

"We have to make sure not to skew the whole economy of the country by becoming dependent on oil," Prime Minister Said Musa told Reuters.

"In everything we do, environmental conservation and protection is a central concern. We can't sacrifice that for short-term gain," he said.