Blood & Oil (formerly Boom) is about a young couple that moves to a contemporary boomtown in North Dakota in pursuit of the American dream and are seduced by the sudden wealth of frontier life.
Runtime: 60 minutes
Blood & Oil - Conflict resource - Netflix
Conflict resources are natural resources extracted in a conflict zone and sold to perpetuate the fighting. There is both statistical and anecdotal evidence that belligerent accessibility to precious commodities can prolong conflicts (a “resource curse”). The most prominent contemporary example has been the eastern provinces of the Democratic Republic of the Congo (DRC), where various armies, rebel groups, and outside actors have profited from mining while contributing to violence and exploitation during wars in the region. The four most commonly mined conflict minerals (known as 3TGs, from their initials) are cassiterite (for tin), wolframite (for tungsten), coltan (for tantalum), and gold ore, which are extracted from the western Congo, and passed through a variety of intermediaries before being purchased. These minerals are essential in the manufacture of a variety of devices, including consumer electronics such as mobile phones, laptops, and MP3 players. The extraction and sale of blood diamonds, also known as “conflict diamonds”, is a better-known phenomenon which occurs under virtually identical conditions. Even petroleum can be a conflict resource; ISIS used oil revenue to finance its military and terrorist activities. International efforts to reduce trade in conflict resources, tried to reduce incentives to extract and fight over them. For example, in the United States, the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act required manufacturers to audit their supply chains and report use of conflict minerals. In 2015 a US federal appeals court struck down some aspects of the reporting requirements as a violation of corporations’ freedom of speech, but left others in place.
Blood & Oil - Commercial reporting solutions - Netflix
Manufacturers and supply chain partners needing to comply with the ever-increasing reporting regulations have a few commercial options available. A major research report from November 2012 by the Southern Africa Resource Watch revealed that gold miners in the east of the Democratic Republic of Congo were being exploited by corrupt government officials, bureaucrats and security personnel, who all demand illegal tax, fees and levies from the miners without delivering any services in return. Despite the alleged gold rush in regions of the country, none of the population and workforce is benefiting from this highly lucrative industry.
Blood & Oil - References - Netflix