For centuries, Bolivia made it easy for prospectors to mine, from the Spaniards who plundered gold to the tin barons of the 19th century to the multinational energy companies that flocked here in the 1990s to develop Latin America's second-largest natural gas deposits.
But like many energy-producing countries these days, Bolivia has pulled the welcome mat. With an angry population demanding a larger share of the benefits, and some groups even calling for outright expropriation, the government recently raised royalties and taxes to among the highest levels in Latin America.
It would appear to be an exceptional episode of revolutionary zeal translated into energy policy. But Bolivia is just the latest of several oil- and gas-rich countries in Latin America and beyond that are squeezing energy companies like never before.
http://www.taipeitimes.com/News/editorials/archives/2005/07/07/2003262548