World’s Biggest New Oil Find Turns Guyana Upside Down

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World’s Biggest New Oil Find Turns Guyana Upside Down
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The biggest new oil discovery in years brings Guyana a windfall. Some wonder if it’s getting shortchanged.

GEORGETOWN, Guyana—To mark the flow of the world’s biggest oil discovery in years, President David Granger declared a new holiday, National Petroleum Day, on Dec. 20.

Backed by soothing Caribbean tunes in a video address to his countrymen, Mr. Granger said oil riches would soon transform this poor South American country, and he would put the proceeds to work for all through a sovereign-wealth fund that prioritized investment in education and infrastructure.

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