SOUTH AMERICAN TURNING POINTS

Change is afoot in South America. The continent simmers in political and economic pressures. Some of the pressures already have altered business conditions for foreign oil companies. Many more likely will do so soon. All the main South American oil producing countries have struggling economies, underexplored resources, and great capital needs. That combination has created opportunities for foreign companies in some countries and should in all the others. But nationalistic resistance to

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