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Opportunities and challenges face a changing Caribbean

The Caribbean energy landscape is shifting, posing some problems but offering many opportunities too

For countries in the Caribbean and Gulf of Mexico, the divide between the energy rich and poor is stark. In many cases, falling on one side or the other has been enough to decide a nation’s economic fortune. Trinidad and Tobago, for example, has thrived thanks to its natural gas reserves, while high oil import costs have pushed many already weak Caribbean economies to the brink.  For all of them, major changes are afoot as surging shale gas and oil production in the US, advances in renewable energy technology, new deep-water drilling, major energy reforms, persistently high oil prices and changes in the region’s geopolitics shift the energy landscape.   Trinidad and Tobago is the Caribbean

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