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May 14, 2026
11:30AM - 1:00PM CDT
Luncheon with Francisco Monaldi of The Baker Institute | Growth Prospects in the Latin American Oil Industry: Venezuela, Guyana, Brazil and Argentina
Presented by the Houston Chapter of USAEE
Federal Reserve Houston Branch
Join USAEE's Houston Chapter in person for an exciting event featuring Francisco Monaldi, Director, Latin America Energy Program at the Baker Institute on Thursday, May 14 at 11:30 a.m. at the Federal Reserve Houston Branch as he shares his expert perspective on growth prospects in the Latin American Oil Industry.
It's a great chance to connect, learn, and dive deep into energy economics with experts and peers. Don't miss out on this opportunity to expand your network and gain fresh insights in a friendly setting. See you there!
Growth prospects in the Latin American Oil Industry: Venezuela, Guyana, Brazil and Argentina
Latin America's oil sector has underperformed for most of the past quarter century. It did not take advantage of the oil boom in the first part of the century and declined after the oil price fall of 2014. However, Brazil has defied that trend to become the largest oil producer in the region. In addition, in the past four years Guyana and to a lesser extent Argentina and Venezuela, have reversed the regional decline. The region is expected to add more than 3 million bpd in the next 5 years and obtain more than $400 billion in investment. What are the drivers of the recent developments in the region? What are the challenges and opportunities?
Francisco Monaldi is the Director of the Latin America Energy Program and the Wallace S. Wilson Fellow in Latin American Energy Policy at the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. He is also a Lecturer on Energy Policy at Rice’s Economics Department; and a member of the International Faculty at IESA School of Management in Venezuela and Panama, where he was a Professor and the Founding Director of the Center for Energy and the Environment. He is a member of the Board of Directors of Mercantil Servicios Financieros Internacional (Panama), the International Advisory Council of Global Americans, and the Education Advisory Board of the Association of International Energy Negotiators (AIEN). He has held academic positions at the Harvard Kennedy School, Stanford’s Hoover Institution, Tufts’ Fletcher School, Columbia’s Center for Global Energy Policy, Tecnológico de Monterrey (México), Universidad de los Andes (Colombia), and Universidad Católica Andrés Bello (Venezuela). He has consulted several governments, multilateral agencies, and corporations; and authored numerous academic publications on the political economy of energy and resources policy. Monaldi holds a Ph.D. in political economy from Stanford University, an M.A. in international economics from Yale University, and a bachelor’s degree in economics from Universidad Católica Andrés Bello, in Caracas.
Luncheon with Francisco Monaldi of The Baker Institute:
Growth Prospects in the Latin American Oil Industry:
Venezuela, Guyana, Brazil and Argentina
Thursday, May 15 | 11:30 a.m. - 1:00 p.m.
Federal Reserve Houston Branch
1801 Allen Pkwy
Houston, TX 77019
