South America Seeking Energy Independence

Aiming to leverage their huge natural gas reserves, left-leaning leaders across South America are talking about building a network of pipelines stretching thousands of miles to feed growing demand and wean themselves from being so dependent on big American and European energy companies.

But their show of brotherhood could backfire if this expensive pipe dream becomes reality, since the network they hope to build would also likely turn the continent’s neighbors against each other as they compete for clients.

ABC