U.S. Intervention in Venezuela Could Help Solve Colombia’s Energy Crisis

AI Summary

Colombia faces a deepening energy crisis driven by declining domestic natural gas production, exacerbated by President Gustavo Petro's anti-fossil fuel reforms and costly LPG imports. Analysts suggest potential U.S. intervention in Venezuela could ease Colombia's energy supply challenges.

Colombia’s natural gas production is spiraling ever lower, with the hydrocarbon sector impacted by tax hikes and leftist President Gustavo Petro’s reforms aimed at weaning the country off its dependence on fossil fuels. This forced Bogota to significantly boost costly liquified petroleum gas (LPG) imports to meet domestic demand and ensure the stability of Colombia's electricity grid. Those imports are straining government finances and the economy at a time of fiscal crisis. Nonetheless, U.S. President Donald Trump’s intervention…