US backs out of global oil anti-corruption effort
Bring on more corruption, less accountability... yay, US. 
International
November 02, 2017 - 08:42 PM EDT
US backs out of global oil anti-corruption effort
By John Bowden
The Trump administration said Thursday it would exit an international effort to fight corruption that targeted revenue from oil and natural gas extraction.
The U.S. will no longer participate in the Extractive Industries Transparency Initiative (EITI), a global initiative that requires member nations to disclose their revenues from oil, gas and mining assets, according to Reuters.
Under the agreement, the U.S. was required to reveal all the revenue it received from oil, gas and mining companies, and required those companies to publicly disclose the payments they make to the U.S. and other governments.
U.S. Office of Natural Resources Revenue Director Gregory J. Gould sent a letter to the EITI's board on Thursday announcing that the U.S. would exit the agreement "effective immediately."
"It is clear that domestic implementation of EITI does not fully account for the U.S. legal framework," Gould wrote in his letter.
more...
http://thehill.com/policy/international/358560-us-backs-out-of-global-oil-anti-corruption-effort?amp