Latin America and U.S. Energy Security

For much of the last half-century, the U.S. has failed to engage the nations of resource-wealthy Latin America in any strategic manner. This lack of attention to our closest neighbors, and some of our strongest allies, is dangerously short-sighted given U.S. dependence on Latin America as a source for our energy. Currently, more than one-fourth of America’s imported oil comes from Latin America, which is estimated to hold 13.5 percent of the world’s proven oil reserves. In 2009, the U.S. imported 11 percent of its crude oil from Mexico, 9 percent from Venezuela, 3 percent from Brazil and 2 percent […]

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