Category: The Economics of Energy

Peruvian Oil Production

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The petroleum sector I know best is Peru’s, where I recently served as Minister of Energy and Mines. Because of the recent drop in prices, oil-producing…

What Powers Latin America?

Between the Rio Grande and the Strait of Magellan lie the world’s largest crude oil reserves, giant natural gas reservoirs, plentiful mineral deposits, massive…

The Impact of Falling Oil Prices

International oil prices have declined by 40% recently. Some of the region’s oil producers have been better than others at adjusting to this reality. In more…


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