Energy Bottlenecks in South America

South America has enjoyed robust economic growth in recent years, in part driven by rising global prices for commodities such as oil. Yet energy shortfalls loom on the horizon, both in electricity generation and oil and gas production. Meanwhile, greater state intervention in the energy industry threatens oil and gas production levels in Bolivia and Venezuela, where decisions often stem from political rather than economic considerations. The region’s governments also show little interest in cooperating on energy policy.

By CFR, USA.

Governance Policy Resource.