LARC Event "The Implications of Trump's Energy Policy to Latin America" Wednesday, June 14, 2017 (5:30pm - 7:30pm America/Bogota) Brigard & Urrutia Abogados Auditorio Carlos Urrutia Calle 70 A No. 4 - 41 Bogota Colombia

Prof. Julian Cardenas Garcia, Research Assistant Professor, University of Houston Law Center

As "America First Energy Plan" takes shape during President Trump's first 100 days in office, new executive orders, regulations that have been overturned, pending legislation are sending a clear message that the government will embrace the shale oil and gas revolution in order to develop untapped domestic energy reserves. In the short term, these policies are already impacting international oil and gas markets but there will be also regional consequences.

In a moment when Latin America is leaving behind the nationalistic wave of last decade, new policies are seeking for more foreign investment in extractive industries. Under this new scenario, can Latin American countries remain competitive in attracting investments while new oil and gas discoveries are taking place in the U.S.? Will the spaces left by U.S. corporations be taken by National Oil Companies from Russia, China or Iran? What are the business and geopolitical implications of these scenarios?

The talk will present views on these questions in light of today's international petroleum order where extraction technologies have proven that there is more oil than we estimated, we can produce more than we calculated, and we will consume less than we expected.

Registration is COP$40,000 for members and COP$45,000 for non-members, payable in cash at the door.

Please RSVP to Marianna Boza at mboza@bu.com.co or Diana Sanclemente at dsa@sfa.com.co.