We arrived in Bogotá where our hosts took us to an elaborate five-star hotel, where they put us up in an apartment rather than an ordinary hotel room. The hotel is a gigantic five-story complex, which probably covers two city blocks with a very large courtyard in the center, complete with a church. Blanche was told that foreign service officers used to stay here very frequently, but not so much anymore. Not surprising, quite a few of the people here are wearing apparel that show an affiliation with petrochemical industries.
We went to the University the next day to meet with the president and vice president, then went to a small auditorium, where the faculty, who already some of my books, posed questions to me. It was a very pleasant experience, except that in the course of our discussions, I learned that the country has no new petroleum deposits. Instead, the petroleum industry will use more intensive methods of extracting the remaining hydrocarbons.
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http://michaelperelman.wordpress.com/wp-admin/post.php?post=1948&action=edit&message=6 -- Michael Perelman Economics Department California State University Chico, CA 95929
530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com