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Should U.S. environmental standards apply when multinational companies develop the petroleum resources of fragile ecosystems such as Peru's Amazon? When oil reserves were discovered in the jungle near Iquitos, Peru, environmental standards were not a big issue. The Peruvian government was mainly interested in revenue. The U.S. government and the drilling companies were interested in oil. A deal was negotiated. Five years later, the details of that negotiation can be surmised by the condition of the environment. The indigenous tribal natives are faced with oil spills that have polluted the ...