Bolivia's Energy Crisis Deepens As Natural Gas Reserves Run Dry

Bolivia's Energy Crisis Deepens As Natural Gas Reserves Run Dry Authored by Felicity Bradstock via OilPrice, Bolivia's dwindling natural gas reserves and declining exports have undermined its economy and intensified fuel shortages. Rising global energy prices and subsidy cuts have increased living costs and fueled widespread protests. A $1.9 billion IMF rescue package and energy-sector reforms aim to stabilize the economy, but long-term recovery requires diversification. Years of underinvestment in Bolivia's gas industry have left the South American country facing a severe fuel shortage, as energy prices rise ever higher owing to the ongoing...