The tragedy in Nigeria is less about the oil itself than it is about failed governance. Without radical improvements in public policy, Nigeria will continue to be a poor destination for investment. That's bad for everyone. But don't blame the petroleum for the problems there -- blame the public policy.
The world has reached the Millennium Development Goal (MDG) of cutting by half the number of people without access to safe drinking water, five years ahead of the 2015 deadline. While that is good news, millions of people, for instance, still live without a toilet. Not a very sexy topic -- but one which is of great concern if the world is to meet goals on reducing under-five mortality.
I received an email saying the Singlaubs were in London and had been robbed, lost their passports, and their hotel wouldn't help. I was surprised and concerned, until my son-in-law persuaded me this was likely a scam. On checking, his email identification had a letter reversed, so it was slightly different. A phony.