Francisco J. Monaldi
Director, Latin American Energy Program
Wallace S. Wilson Fellow in Latin American Energy
Rice University’s Baker Institute for Public Policy
bakerinstitute.org/expert/francisco-j-…
- Please check my op-ed Without Institutional Change, Venezuela’s Oil Bonanza Remains Unviable americasquarterly.org/article/with...
- Reposted by Francisco J. Monaldi“The central problem facing Venezuela’s oil sector is therefore not technical or geological. It is political and institutional. These realities are often obscured by wishful thinking or by actors seeking quick profits.” - @fmonaldi.bsky.social
- Fixing the Venezuelan oil industry will take time, money, and—most importantly—institutional change open.substack.com/pub/fmonaldi...
- Fixing the Venezuelan oil industry will take time, money, and—most importantly—institutional change open.substack.com/pub/fmonaldi...
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- Reposted by Francisco J. MonaldiTeenage me who decided to become an oil reporter in '03 because of the Iraq war 🤝 this moment Here's NPR's explainer about Venezuela's oil industry🇻🇪 🛢️ (and Guyana's too 🇬🇾 🛢️) Featuring @paashamahdavi.com @fmonaldi.bsky.social and more
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- With my commentary www.cnn.com/2025/11/10/c...
- Does Venezuela have the largest PROVEN oil reserves in the world (some 300 billion barrels), as it is generally (and officially) claimed? The short answer is NO. Venezuela has massive RESOURCES on the ground.
- The US Geological Survey estimates about 500 billion barrels of technically recoverable barrels in the Orinoco Belt (close to half of the oil resources below the ground). That number is huge, equivalent to about a third of global proven reserves.
- But Venezuela has not audited the reserves, only the resources in place. And in reality, it only recovers about 7-8% of the extra-heavy oil on the ground, instead of the 20% recovery figure it used to claim the official figure of reserves.
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View full threadSo, for all practical purposes, Venezuela has infinite oil, although costlier and less valuable that the ones of its peers in the Middle East. At current oil prices Venezuela could produce 5-7 times as much oil as it produces. The problem is not below ground; it is above it and it is political...
- Reposted by Francisco J. Monaldi🎙️ New #LatAmFocus: Energy and Security Go Hand in Hand in the Caribbean As tensions rise in the south Caribbean, Sarah-Ann Lynch outlines Guyana’s geopolitical importance, and @fmonaldi.bsky.social of the @bakerinstitute.bsky.social analyzes the region’s energy sector. Listen: ow.ly/PQ9F50X5FOr
- With my commentary REACTION: Irfaan Ali Claims Reelection Victory in Guyana americasquarterly.org/article/reac...
- Two Paths to Prosperity | Princeton University Press press.princeton.edu/books/hardco...
- Please check out my view on the recent events in the Venezuelan oil sector for the @The_Dialogue 's Latin America Energy Advisor. Do not wait to read it because everything could change with a social media post! 😉
- Reposted by Francisco J. MonaldiJoin us for this discussion to understand the impact of U.S. measures on #Venezuela. I am excited to host this conversation with experts Drs. @fmonaldi.bsky.social @antuliorosales.bsky.social and Luisa Palacio. See details here 👇
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- With my comments www.bloomberg.com/news/article...
- With my comments @economist.com www.economist.com/the-americas...
- Proud to share that I have been named Wallace S. Wilson Fellow in Latin American Energy Policy, an endowed chair, at Rice University's Baker Institute for Public Policy. I am honored and grateful to receive this recognition. riceconnect.rice.edu/emailviewonw...
- Reposted by Francisco J. MonaldiAlways a pleasure to talk about Venezuela with @IanMastersmedia.bsky.social
- How Maduro Stole Venezuela's Vote by Javier Corrales and Dorothy Kronick muse.jhu.edu/pub/1/articl...
- With my comments www.lepoint.fr/monde/commen...
- Reposted by Francisco J. Monaldi“I think this is a ploy to negotiate something,” said @fmonaldi.bsky.social, fellow at Baker Institute Center for Energy Studies and @bakerinstmexico.bsky.social. He called the proposed #tariffs “reckless.” energiesnet.com/trumps-tarif...
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- Houston keeps growing fast
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- With populism on the rise in Europe and North America and a self-coup attempt -Fujimori style- in South Korea, all politics is becoming Latin American politics. World domination of peronismo 😉
- US imports of Venezuela crude oil
- Así estamos…
- It was an honor to present in the Tulane Future of Energy Forum last week
- Remembering our panel at the La Jolla Energy Conference
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- The dark market oil...
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- Reposted by Francisco J. MonaldiMexico’s U.S. Gas Reliance Possible Pressure Point for Trump, Monaldi Says: “Though I doubt that Trump will ever stop flows of natural gas or refined products to Mexico, I do think that he might threaten to do so, which of course could create a very negative effect,” Francisco Monaldi, director of…
