Dwindling Gas Reserves Threaten Colombia's Economy and Power Grid

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Strife-torn South American country Colombia is not only suffering from a new wave of violence but is also facing an energy crisis. Dwindling oil and natural gas production is crimping domestic energy supplies and impacting Colombia’s troubled economy. There is a grave threat of a serious natural gas shortage. A lack of exploration drilling, diminishing reserves and plummeting production are weighing on economically crucial natural gas supplies. The shortage of fossil fuel is exacerbated by rising consumption and natural gas’s increasingly…