Given the potential of significant oil reserves in Brazil and Venezuela, large shale gas discoveries, plummeting wind energy prices and other developments, some analysts are highly optimistic about the general energy outlook in Latin America. Others cite opposition to hydro projects, vulnerabilities in energy-poor parts of the region, stagnation of oil production, unproved ultra-deep-water technologies and other hurdles as cause for major concern about the region's energy future. Are reasons for optimism weak? Or are pessimists underestimating the region's potential? What are the major trends in regional energy issues that we can expect in the period ahead, and how can possible solutions to problems best be reached?
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Inter-American Dialogue's Latin American Energy Advisor. "Is Latin America's Energy Sector Looking Up or Down?." (2012). http://digitalrepository.unm.edu/la_energy_dialog/155