Energy Revolution In The Western Hemisphere

Energy revolution in the Western Hemisphere : opportunities and challenges for the U.S. : hearing before the Subcommittee on the Western Hemisphere of the Committee on Foreign Affairs, House of Representatives, One Hundred Fourteenth Congress, first session, May 14, 2015.

Energy revolution in the Western Hemisphere : opportunities and challenges for the U.S. : hearing before the Subcommittee on the Western Hemisphere of the Committee on Foreign Affairs, House of Representatives, One Hundred Fourteenth Congress, first session, May 14, 2015.

This edited volume examines the impacts of the 2014-2015 decline in the price of oil. Participants will examine the economic, social and political consequences on states and regions, along with their responses. The following questions will be examined: what were the impacts for countries experiencing an energy revolution in shale and gas like the United States and Canada? What were the repercussions of the collapse on other states of the Western hemisphere dependent on oil for growth and development; countries like Colombia, Venezuela and Mexico? Were these outcomes similar to those experiences in other parts of world like Nigeria, Russia and other petro-producing countries? How do developing countries intend to cope with such drastic and sudden exogenous economic shock? Will there be any benefits for energy poor, consumer countries like China, India and European Union member states? Related to these issues are sustainable developmental questions and concerns about the environment. Will cheap oil force other alternative and renewable energy technologies out of the market given lack of competitiveness? Finally, the volume’s chapters will discuss prospects for governance in the new oil environment.

Foreword / by Luis Alberto Moreno -- Introduction / Sidney Weintraub -- United States / Frank Verrastro -- Canada / Annette Hester and Sidney Weintraub -- Mexico / Sidney Weintraub and Rafael Fernández de Castro -- North America / Joseph M. Dukert -- Venezuela / Lowell R. Fleischer -- Colombia / Philip McLean -- Argentina / Thomas Andrew O'Keefe -- Brazil / Georges D. Landau -- Ecuador / Lowell R. Fleischer -- Peru / Carol Wise -- Bolivia / Peter DeShazo -- Trinidad and Tobago / Anthony T. Bryan -- Energy infrastructure in the Western hemisphere / Veronica R. Prado -- Environmental issues in Latin America and the Caribbean / José Leal and Joseluis Samaniego -- Hydrocarbon sector organization and regulation / Michelle Michot Foss, Miranda Ferrell Wainberg, and Dmitry Volkov -- China and India come to Latin America for energy / Wenran Jiang -- A 2025 perspective on oil and natural gas in the hemisphere / Alan Hegburg -- Conclusions and looking ahead / Sidney Weintraub.