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In October 2009, Marguerite Laurent, exposed the key reason for exploiting Haiti, easier under occupation and hundreds of thousands of Haitians removed from where huge oil deposits likely exist and other development is planned. In 2008, an estimated 20 billion barrels were found in deep water off Cuba. Haitian resources are believed to be far greater, and they've been known about for decades.
In a 2004 article titled, "Oil in Haiti," George Michel explained that:
"Since time immemorial, it has been no secret that deep in the earthy bowels of the two states that share the island of (Hispaniola - Haiti and the Dominican Republic) and the surrounding waters that there are significant, still untapped deposits of oil. No one knows why they are still untapped." Why is with abundant Middle East and other resources, they weren't needed. Ahead they will be, so maybe now's the time to exploit them.
"Since the early twentieth century, the physical and political map of the island of Haiti, erected in 1908 by Messrs. Alexander Poujol and Henry Thomasset, reported a major oil reservoir....near the source of the Rio Todo El Mondo, Tributary Right Artibonite River, better known today as the River Thomonde."
Oil also exists "in the Dominican plain of Azua, a short distance north of the Dominican Republic in the town of Azua." The field was operating earlier in the last century, producing up to 60,000 barrels daily. In 1982, more significantly, "a huge oil field offshore at the coast of (the Dominican Republic's) Barahona" province was discovered, but left untapped.
In Haiti and offshore, geological evidence shows oil reserves at "the Bay of Cayes, Les Cayes and between Ile a Vache." The Dunn Plantation papers as well as George Michel confirm that Haiti is oil rich.
Laurent says:
"big US oil companies and their inter-related monopolies of engineering and defense contractors made plans, decades ago, to (exploit Haiti's resources and use its) deep water ports either for oil refineries or to develop oil tank farm sites or depots where crude oil could be stored and later transferred to small tankers to serve US and Caribbean ports."
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