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New Oil Revenue Distribution Plan Proposed

By Samuel Elliott Novacich, Contributing Reporter

RIO DE JANEIRO, BRAZIL – As the debate over distribution of oil revenues continues between state authorities and the federal government, north and northeastern states have requested a deadline to resolve the issue be set for July 13th. Workers’ Party (PT) Senator and former Governor of the State of Piauí, Wellington Dias, has proposed a plan that he claims will satisfy the country, especially those not producing petroleum and positioned to receive large percentages of oil revenue, while at the same time calming oil producing states of the southeast, who fear a possible forced concession . . .

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