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POPSOil-Rich States Starve the World Food Program The OPEC total amounts to roughly one minute and 10 seconds worth of the organization’s estimated $674 billion in annual oil revenues in 2007 — revenues that will be vastly exceeded in 2008 with the continuing spiral in world oil prices. This year, the U.S. had contributed $362.7 million to WFP just through May 4, according to the website. That figure does not include another $250 million above the planned yearly contribution that was promised by President George W. Bush in the wake of WFP’s April warning that a “silent tsunami” of rising food costs would add dramatically to the world population living in hunger. Nor does it include another $770 million in food aid that President Bush has asked Congress to provide as soon as possible. On the other hand, Saudi Arabia, with oil revenues last year of $164 billion, does not even appear on the website donor list for 2008.
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