Reshuffles to tackle energy shortages

Just two months after Bolivia nationalized its energy industry, the effects were still being felt around Latin America, with manoeuvres around the continent to address the high price of oil and Bolivia’s demand for more money for its gas exports.

The Chilean Energy minister, Karen Poniachik, travelled to Buenos Aires to meet with her Argentine counterpart, Julio de Vido, to discuss possible variations around the natural gas that Argentina exports to Chile.

..On a separate front, the Brazilian state company Petrobras will invest 500 million dollars in the oil industry in Ecuador until 2011, according to media reports in Quito – seen as an effort to cultivate new sources of energy outside of Bolivia.
Monsters and Critics